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Investment Property Redlynch, QLD, 4870

Suburb Snapshot

Redlynch is a suburb in the Cairns Region of Queensland. Redlynch has a population of 9,726 people and 23.64% of its occupants live in rental accommodation. The median listing price for houses is $729,000 and this has changed 6.81% over the past year and changed 12.32% over 2 years.

The median rent in Redlynch for houses is $720 per week and the median rental yield is 5.13%. Stock on the market for houses/townhouses has changed 5.77% compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is $399,000 and this has changed 14.32% over the past year. The average unit takes 41 days to sell and the median rent for a unit in Redlynch is $520 per week, producing a rental yield of 6.77%.

Supply & Demand in Redlynch, Cairns

0.49%

Current vacancy rate


20

Rental stock available


9,726

Population


23.64%

Rental population


0.78%

Current vacancy rate


631

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Redlynch, Cairns

  House Townhouses Units
Median listing price $729,000 NA $399,000
Median price change - last quarter -0.14% NA 0.00%
Median price change - 1 year 6.81% NA 14.32%
Median price change - 2 years 12.32% NA 27.68%
  House Townhouses Units
Median weekly rent $720 $465 $520
Median yield % 5.13% NA 6.77%
Median rent change - 1 year 10.76% 1.08% 15.55%
  House Units
Previous month sales 3 2
Stock on market previous month 55 6
Stock variance vs. last year 5.77% 200.00%
Average days on market 58 41

Redlynch investment property listings

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