2. QLD
  3. Ipswich

Houses Units

Here you can find what you need to know about Redbank, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$623K Median Sale Price (National Average $485k) 660th In QLD
13.18% Median Sale Price Change (1yr) (National Average 4.30%) 486th In QLD
$510pw Median Rent (National Average $395) 570th In QLD
4.3% Median Gross Yield (National Average 4.24%) 329th In QLD

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Redbank, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Redbank, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Redbank, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Redbank


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State Auction Clearance Rates


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Suburb Information

Redbank, QLD 4301

Part of: Ipswich Council No data available

The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2011 was 1,605 people. By 2016 the population was 1,848 showing a population growth of 15.1% in the area during that time. The predominant age group in Redbank is 10-19 years. Households in Redbank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation. In 2011, 52% of the homes in Redbank were owner-occupied compared with 49.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Redbank

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Redbank   for Houses in last 12 months


There have been 52 Houses sold in Redbank in the past 12 months with a median sale price of $623K, up 13.2% annually. It takes on average 16 days to sell with vendor discounting of -4.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Redbank Plains QLD, 4301 19.36% $635,000 $530pw 4.3% View Suburb Profile
Redcliffe QLD, 4020 8.76% $795,000 $578pw 3.8% View Suburb Profile
Palm Beach QLD, 4221 12.61% $1,652,500 $950pw 3.0% View Suburb Profile
Redcliffe WA, 6104 24.09% $682,500 $650pw 5.0% View Suburb Profile
Galston NSW, 2159 19.44% $2,150,000 $780pw 1.9% View Suburb Profile
The Patch VIC, 3792 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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