Median Sale Price
House
$550K
Updated on Aug 2020
2 BR $380K | 3 BR $408K | 4 BR $548K |
Unit
$435K
Updated on Aug 2020
1 BR - | 2 BR - | 3 BR $429K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $480,000 | 0.0% | $250,000 | $1,225,000 | 270 |
| 2010 | $505,000 | +5.0% | $300,000 | $1,800,000 | 250 |
| 2011 | $460,000 | -9.8% | $120,000 | $2,500,000 | 295 |
| 2012 | $467,000 | +1.5% | $13,420 | $4,970,000 | 295 |
| 2013 | $475,000 | +1.7% | $240,000 | $1,300,000 | 395 |
| 2014 | $510,000 | +6.9% | $265,000 | $1,300,000 | 298 |
| 2015 | $520,000 | +1.9% | $321,500 | $2,150,000 | 281 |
| 2016 | $520,000 | 0.0% | $280,000 | $1,250,000 | 328 |
| 2017 | $547,000 | +4.9% | $285,000 | $1,430,000 | 332 |
| 2018 | $550,000 | +0.5% | $340,000 | $1,150,000 | 96 |
| 2019 | $584,000 | +5.8% | $420,000 | $1,800,000 | 31 |
| 2020 | $360,000 | -62.2% | $360,000 | $360,000 | 1 |
Median Sale Price
$360K
Based on 1 recorded sales within the last 12 months
Updated on 27 Sep 2020
Suburb Growth
-62.2%
Current Median Price: $360,000
Previous Median Price: $584,000
Based on 32 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$480
Updated on Aug 2020
2 BR $378 | 3 BR $403 | 4 BR $490 |
Unit
$400
Updated on Aug 2020
1 BR $180 | 2 BR $425 | 3 BR $400 | 4 BR $435 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $310 | $795 | 256 |
| 2012 | $445 | -1.1% | $250 | $1,200 | 186 |
| 2013 | $455 | +2.2% | $290 | $1,000 | 324 |
| 2014 | $470 | +3.2% | $300 | $950 | 212 |
| 2015 | $470 | 0.0% | $1 | $950 | 407 |
| 2016 | $480 | +2.1% | $2 | $395,000 | 369 |
| 2017 | $480 | 0.0% | $180 | $850 | 355 |
| 2018 | $470 | -2.1% | $180 | $2,000 | 336 |
| 2019 | $480 | +2.1% | $345 | $1,000 | 338 |
| 2020 | $490 | +2.0% | $325 | $1,400 | 177 |
Median Rent Price
$485
per week
Based on 248 recorded rent within the last 12 months
Updated on 27 Sep 2020
Rent Price Growth
+1.0%
Current Median Rent: $485
Previous Median Rent: $480
Based on 586 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+7%
Current Median Price: $360,000
Current Median rent: $485
Based on 249 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Redland Bay
Houses sold in Last 12 months ends 26 Sep 2020
$495K
Median Sale Price
75%
Clearance Rate
6/8
Sold/Reported
$640K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 2 | |
| $400 K - $600 K (Median Price Range) | 3 | |
| less than $400 K | 1 | |
Schools closest to Redland Bay, QLD 4165
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Redland Bay State School | GORDON ROADRedland Bay 4165 | Primary | Government | 1.19 km |
| Victoria Point State High School | BENFER ROADVictoria Point 4165 | Secondary | Government | 2.56 km |
| Eagleby Learning Centre - Centre for Continuing Secondary Education | Eagleby 4207 | Secondary | Government | 2.69 km |