Redcliffe is a well-established suburb in Queensland within the Moreton Bay local government area (postcode 4020). With a population of 10,460, the suburb has a mature demographic with a median age of 52. Households earn a median income of $58K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Redcliffe is $785,000, having grown strongly 7.5% over the past year. Units have a median price of $569,000 (+12.1% YoY). The current median weekly rent is $455. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,610.
Redcliffe is served by 3 schools, including 2 secondary, 1 special. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Redcliffe offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($785K/$1.1M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +7.5% year-on-year.
Redcliffe is a well-established suburb in Queensland within the Moreton Bay local government area (postcode 4020). With a population of 10,460, the suburb has a mature demographic with a median age of 52. Households earn a median income of $58K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Redcliffe is $785,000, having grown strongly 7.5% over the past year. Units have a median price of $569,000 (+12.1% YoY). The current median weekly rent is $455. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,610.
Redcliffe is served by 3 schools, including 2 secondary, 1 special. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Redcliffe offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($785K/$1.1M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +7.5% year-on-year.