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 settled, mature resident base with a median age of 52. Households earn a median income of $58K per year, with an average household size of 2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Redcliffe stand at $785,000, having grown strongly by 7.5% over the last twelve months. Units have a median price of $569,000 (+12.1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.0%. 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 4,728 incidents per 100,000 population.
On the investment side, Redcliffe shows a gross rental yield of approximately 4.0%, 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. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.