Suburb Profile

Suburb profile for,

Redbank, QLD 4301

About Redbank

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

Demographics and Community

Redbank has a population of approximately 1,848, a median age of 35, a median weekly household income of $1,020.

Property Market Overview

The current median house price in Redbank is $510,000. Average annual growth is 25.9%.

Properties in Redbank spend an average of 56 days on market.

Rental Market

The median weekly rent for houses in Redbank is $350. Gross rental yield is 4.70%, providing a solid income return.

Nearby Suburbs

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

Considering Redbank 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 or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Redbank, 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
Postcode
4301
Median price for all dwellings
$510,000
Last 12 months growth return
Up 25.9%
Avg. dwellings for sale in the suburb every month
16
Avg. dwellings sold in the suburb in previous 12 months
31
Avg days on market for a dwelling listing to sell
56 days
Avg. number of people searching in this suburb every month
311
Avg. rental yield per annum
4.70%
Weekly median rent for all dwellings
$350 per week
Median price for all houses
$510,000
Avg. rental yield growth in the previous 12 months
4.70%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
1848
Total suburb population change in 5 years up to 2016
15.10%
Avg. household income per week
$1,020
Median age of the population in the suburb
35
Historic avg annual growth return per annum in the suburb
10.01%