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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 $749,000 and this has changed 8.62% over the past year and changed 15.23% over 2 years.

The median rent in Redlynch for houses is $720 per week and the median rental yield is 4.99%. Stock on the market for houses/townhouses has changed 1.89% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $399,000 and this has changed 14.00% over the past year. The average unit takes 42 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

0.51%

Current vacancy rate


21

Rental stock available


9,726

Population


23.64%

Rental population


0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,766

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 $749,000 NA $399,000
Median price change - last quarter -0.14% NA 0.00%
Median price change - 1 year 8.62% NA 14.00%
Median price change - 2 years 15.23% NA 26.66%
  House Townhouses Units
Median weekly rent $720 $465 $520
Median yield % 4.99% NA 6.77%
Median rent change - 1 year 10.76% 1.08% 15.55%
  House Units
Previous month sales 1 0
Stock on market previous month 54 6
Stock variance vs. last year 1.89% 0.00%
Average days on market 59 42

Redlynch investment property listings

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