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Redcliffe suburb profile

Redcliffe is a picturesque coastal suburb located approximately 28km north-northeast of Brisbane, known for its stunning waterfront views and relaxed lifestyle. This charming suburb is part of the Moreton Bay Region and is famous for its sandy beaches, scenic parks, and the iconic Redcliffe Jetty. Redcliffe offers a vibrant community atmosphere with a mix of cafes, restaurants, and local markets, making it a popular destination for both residents and visitors. The area is rich in history and culture, with attractions such as the Redcliffe Cultural Centre and the Bee Gees Way, celebrating the suburb's connection to the famous musical group. Its coastal charm and community spirit make Redcliffe a desirable place to live and explore.

Redcliffe property market performance

Current median dwelling price$805,000Past 3 months

Property growth+8.0%Past 12 months

Redcliffe’s property market has shown positive growth over the past 12 months, with house values increasing by 9.9% and unit values rising by 6.1%. The median house price over the past three months has averaged $900,000, while units have averaged $710,000, indicating a healthy demand for both property types.

Sales activity has been consistent, with 41 houses and 41 units sold in the past three months. However, houses are selling faster than units, with a median time on market of 47 days compared to 55 days for units, suggesting a slightly stronger demand for houses.

The rental market in Redcliffe has also experienced significant growth, with house rents increasing by 10.7% and unit rents by 7.5% over the last 12 months, reflecting a robust demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$900K$710K
Change in value
Past 12 months
9.9%6.1%
Sold
Past 3 months
4141
Median days on market
Past 12 months
4755
Average rent
Past 12 months
$620$575
Change in rent
Past 12 months
10.7%7.5%

5 year median price trend for houses and units

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Redcliffe demographics

Redcliffe, located on the picturesque Moreton Bay in Queensland, is a suburb that offers a blend of coastal charm and a relaxed lifestyle. Known for its beautiful beaches and vibrant community, Redcliffe attracts a diverse range of residents, from retirees to young families. The median age of 52 indicates a mature population, with many residents enjoying the suburb's serene environment and community-oriented lifestyle.

The suburb's housing landscape is varied, with a significant portion of properties owned outright, reflecting a stable and established community. Approximately 33.4% of homes are owned outright, while 22.6% are owned with a mortgage, indicating a mix of long-term residents and newer homeowners. The rental market is also active, with 44% of properties being rented, appealing to those seeking flexibility or a coastal lifestyle without the commitment of home ownership.

Family structures in Redcliffe are diverse, with couple families without children making up nearly half of the family households at 48.9%. This is complemented by 26.9% of couple families with children and 22.5% of one-parent families, showcasing a community that caters to various family dynamics. The suburb's amenities, including parks, cafes, and cultural events, contribute to its appeal, making Redcliffe a desirable location for those seeking a peaceful yet engaging coastal lifestyle.

Redcliffe infrastructure, key developments and investment opportunities

Redcliffe is undergoing several developments that could impact its property market. The Redcliffe Peninsula Line, completed in 2016, has improved connectivity to Brisbane, potentially increasing property demand. The ongoing Redcliffe Foreshore Revitalisation project aims to enhance the waterfront area with new recreational facilities and improved public spaces, which could boost the appeal of nearby properties.

The Redcliffe Hospital expansion, set to be completed in 2023, will add new facilities and services, potentially attracting healthcare professionals to the area. Additionally, the Redcliffe Parade rejuvenation project is revitalizing the main street with new landscaping and infrastructure improvements. These developments, combined with Redcliffe's coastal lifestyle and proximity to Brisbane, are likely to sustain interest in the local property market and potentially drive up values in the coming years.

Redcliffe rental market trends

The rental market in Redcliffe has experienced notable growth, with house rents increasing by 10.7% over the past year to $620 per week, while unit rents have risen 7.5% to $575 per week. With its appealing coastal lifestyle and ongoing development, Redcliffe continues to attract both renters and investors seeking promising returns in a vibrant community.

Suburbs near Redcliffe

Some popular suburbs near Redcliffe include:

How does Redcliffe compare to nearby suburbs?

  • Median house prices: Redcliffe’s median house price is 6.3% higher than Kippa-Ring’s.
  • Median unit prices: Redcliffe’s median unit price is 22.0% higher than Kippa-Ring’s.
  • House price growth: Over the past 12 months, house prices in Redcliffe have grown 0.8% higher than in Mango Hill.
  • Unit price growth: Property prices in nearby Kippa-Ring have risen 21.3% more than in Redcliffe over the past year.
  • Selling speed for houses: Properties in Redcliffe are selling 39.0% faster than in Scarborough.
  • Selling speed for units: Properties in Redcliffe are selling 33.7% faster than in Scarborough.
  • Investment considerations: In Redcliffe, the rental yield for house is 8.1% lower than the Brisbane average, while the rental yield for units is 6.4% lower.
  • House price growth: Over the past 12 months, house prices in Redcliffe have grown 20.5% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Redcliffe have grown 1.2% higher than the average rate of growth for units across Brisbane.

Common questions about Redcliffe

  • Is Redcliffe a nice place to live?

    Redcliffe is a delightful coastal suburb that offers a wonderful blend of natural beauty and community spirit, making it a fantastic place to call home. With its stunning waterfront views and relaxed atmosphere, Redcliffe is perfect for those who appreciate a laid-back lifestyle while still having access to essential amenities. The suburb is known for its vibrant community, with a mix of cafes, restaurants, and local markets that create a lively yet welcoming vibe. Families will find Redcliffe particularly appealing due to its safe environment and the abundance of parks and green spaces for children to explore and enjoy.

    Living in Redcliffe comes with the benefit of being close to both nature and urban conveniences. The suburb's proximity to Brisbane, thanks to the Redcliffe Peninsula Line, ensures that residents can easily commute to the city while enjoying the tranquility of coastal living. However, this convenience does come with the trade-off of potentially higher property prices due to the ongoing developments and increasing demand. While Redcliffe may not offer the bustling nightlife of inner-city areas, it more than compensates with its strong sense of community and the peacefulness of its surroundings.

    For families, Redcliffe provides a supportive environment with good schools and healthcare facilities, including the expanding Redcliffe Hospital. The suburb's diverse family structures mean that it caters to a variety of needs, whether you're a couple with children, a single parent, or a retiree. While the area is generally safe, as with any growing suburb, it's wise to stay informed about local developments and community initiatives. Overall, Redcliffe is a charming and engaging place to live, offering a unique coastal lifestyle with the added benefit of being close to a major city.

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  • Is it expensive to live in Redcliffe?

    Living in Redcliffe can be a bit pricey, especially when you consider the local income levels. The median house price is currently around $760,000, while units are slightly more affordable at $687,000. If you're looking to rent, the average rent for houses is about $585 per week, and for units, it's around $550. These housing costs are quite significant, particularly when you compare them to the average annual salary in Redcliffe, which is about $70,000. This salary is lower than the state and national averages, meaning residents might feel the pinch more than those in other parts of Queensland or Australia.

    The median weekly household income in Redcliffe is approximately $1,114, translating to around $58,000 annually. This figure highlights a gap between income and housing costs, suggesting that a significant portion of household earnings would need to be allocated to housing expenses. While Redcliffe offers a beautiful coastal lifestyle and a strong sense of community, those considering a move to this suburb should carefully evaluate their financial situation to ensure they can comfortably manage the cost of living here.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Redcliffe a good place to invest?

    Redcliffe is proving to be an attractive suburb for property investors, with impressive growth in both house and unit values over the past year. The median house value has increased by 9.5%, while units have seen a remarkable 22.6% rise. This suggests a strong demand for properties in the area, particularly for units, which are becoming increasingly popular among buyers and renters alike.

    The rental market in Redcliffe is also thriving, with house rents climbing by 6.4% and unit rents surging by 19.6% over the last 12 months. This indicates a robust rental demand, making it an appealing option for investors seeking reliable rental income. The suburb's coastal charm, combined with its proximity to Brisbane, enhances its appeal, attracting a diverse range of residents, from young professionals to retirees.

    Overall, Redcliffe offers a promising investment opportunity with its strong capital growth and rental yield potential. The suburb's ongoing popularity and development make it a compelling choice for those looking to invest in a vibrant and growing community.

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Choose the right real estate agents in Redcliffe

In Redcliffe, 125 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 25.2% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.88% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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