Suburb Profile

Suburb profile for,

Redbank Plains, QLD 4301

About Redbank Plains

Redbank Plains is a residential suburb in Queensland, sitting within the 4301 postcode.

Demographics and Community

Redbank Plains has a population of approximately 19,285, a median age of 26, a median weekly household income of $1,370.

Property Market Overview

The current median house price in Redbank Plains is $518,250. Average annual growth is 26.4%.

Properties in Redbank Plains spend an average of 27 days on market.

Rental Market

The median weekly rent for houses in Redbank Plains is $340. Gross rental yield is 4.70%, providing a solid income return.

Nearby Suburbs

Explore other suburb profiles in the area: Collingwood Park, QLD, Redbank, QLD, Augustine Heights, QLD, Bellbird Park, QLD, Goodna, QLD.

Considering Redbank Plains for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Redbank Plains or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Redbank Plains, QLD 4301

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
REDBANK PLAINS
Postcode
4301
Median price for all dwellings
$518,250
Last 12 months growth return
Up 26.4%
Avg. dwellings for sale in the suburb every month
128
Avg. dwellings sold in the suburb in previous 12 months
578
Avg days on market for a dwelling listing to sell
27 days
Avg. number of people searching in this suburb every month
3402
Avg. rental yield per annum
4.70%
Weekly median rent for all dwellings
$340 per week
Median price for all houses
$518,250
Avg. rental yield growth in the previous 12 months
4.70%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
19285
Total suburb population change in 5 years up to 2016
28.80%
Avg. household income per week
$1,370
Median age of the population in the suburb
26
Historic avg annual growth return per annum in the suburb
8.26%