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Redcliffe suburb profile

Redcliffe is a suburb located in the eastern part of Perth, Western Australia, known for its convenient access to the Perth Airport and proximity to the Swan River. This suburb offers a mix of residential areas and light industrial zones, making it appealing to both families and professionals. Redcliffe is characterized by its quiet streets and community-oriented atmosphere, with local parks and recreational facilities enhancing its appeal. The suburb's strategic location near major transport routes provides easy connectivity to Perth's CBD and surrounding areas. Redcliffe continues to attract those seeking a balance between suburban tranquility and urban accessibility.

Redcliffe property market performance

Current median dwelling price$680,000Past 3 months

Property growth+15.8%Past 12 months

Redcliffe’s property market has experienced significant growth in house values over the past 12 months, with an impressive increase of 15.4%, bringing the median house price to $900,000. In contrast, the unit market has remained stagnant, with no change in median value, reflecting limited activity in this sector.

Sales activity has been relatively low, with 14 houses and only 2 units sold in the past 12 months. Houses are selling rapidly, with a median of just 9 days on the market, indicating strong demand, while unit sales data is insufficient to determine market trends.

The rental market in Redcliffe has seen notable increases, particularly for houses, where rents have risen by 11.1% over the last 12 months. Unit rents have also increased, albeit at a slower rate of 3.3%, suggesting a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$900KN/A
Change in value
Past 12 months
15.4%N/A
Sold
Past 3 months
142
Median days on market
Past 12 months
9N/A
Average rent
Past 12 months
$750$620
Change in rent
Past 12 months
11.1%3.3%

5 year median price trend for houses and units

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Redcliffe demographics

Redcliffe, located in the eastern suburbs of Perth, offers a balanced lifestyle with its proximity to both the city and natural attractions. With a population of 5,030, the suburb is characterized by a median age of 38, indicating a mature community that includes a mix of families, professionals, and retirees. The suburb's appeal is enhanced by its accessibility to Perth's CBD and the nearby Swan River, providing residents with both urban conveniences and opportunities for outdoor activities.

The family-oriented nature of Redcliffe is evident, with 41.9% of households being couple families with children, and 36.8% being couple families without children. This demographic composition suggests a community that values family life, supported by local amenities such as parks, schools, and shopping centers. Additionally, 19.3% of households are one-parent families, reflecting a diverse family structure within the suburb.

In terms of housing, Redcliffe presents a mix of ownership and rental opportunities. 22.3% of properties are owned outright, while 36.5% are owned with a mortgage, indicating a stable housing market with opportunities for both established homeowners and new buyers. The rental market, comprising 41.2% of properties, caters to those seeking flexibility, including young professionals and families. Overall, Redcliffe offers a well-rounded living environment with a strong sense of community and accessibility to both urban and natural amenities.

Redcliffe infrastructure, key developments and investment opportunities

Redcliffe is benefiting from its position in a growing transit-oriented precinct, with the area around Redcliffe Station continuing to attract interest from developers and buyers seeking improved connectivity and future urban renewal potential. The suburb’s proximity to Perth Airport, major roads, and key employment hubs supports ongoing demand from both owner-occupiers and investors.

Local amenity is also a key drawcard, with schools, parks, river paths, and nearby retail centres helping underpin livability and long-term appeal. As surrounding land is progressively renewed and better connected to transport, Redcliffe is likely to remain attractive to buyers looking for a well-located suburb with future upside.

Redcliffe rental market trends

The rental market in Redcliffe has experienced moderate growth, with house rents increasing 11.1% over the past year to $750 per week, while unit rents have seen a smaller rise of 3.3% to $620 per week. With its strategic location and ongoing development, Redcliffe continues to attract renters and investors seeking stable returns in a well-connected suburb.

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 9.1% lower than Belmont’s.
  • Median unit prices: Redcliffe’s median unit price is 7.5% lower than Belmont’s.
  • House price growth: Property prices in nearby Belmont have risen 4.3% more than in Redcliffe over the past year.
  • Unit price growth: Property prices in nearby Belmont have risen 14.4% more than in Redcliffe over the past year.
  • Selling speed for houses: Properties in Redcliffe are selling 30.8% faster than in Belmont.
  • Investment considerations: In Redcliffe, the rental yield for house is 1.3% lower than the Perth average, while the rental yield for units is 3.3% lower.
  • House price growth: Over the past 12 months, house prices in Redcliffe have grown 18.8% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Redcliffe have grown 33.6% lower than the average rate of growth for units across Perth.

Common questions about Redcliffe

  • Is Redcliffe a nice place to live?

    Redcliffe is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience. Its peaceful streets and community-oriented atmosphere make it an attractive place to live for families and professionals alike. The suburb is known for its welcoming vibe, with a strong sense of community that is evident in its local parks and recreational facilities. Families will appreciate the suburb's family-friendly nature, with good schools and plenty of green spaces for children to play and explore.

    One of Redcliffe's standout features is its strategic location, providing easy access to Perth's CBD and the nearby Swan River. This proximity allows residents to enjoy both the conveniences of city life and the beauty of natural attractions. The suburb's connectivity is further enhanced by its closeness to major transport routes, making commuting a breeze for those working in the city or surrounding areas. Safety is generally not a major concern, contributing to the suburb's appeal as a secure place to raise a family.

    While Redcliffe offers a fantastic lifestyle, there are a few trade-offs to consider. The suburb's proximity to Perth Airport means that some areas may experience noise from air traffic, which could be a consideration for those seeking absolute peace and quiet. Additionally, while the suburb has a good mix of residential and light industrial zones, those looking for a bustling nightlife or trendy cafes might find the options somewhat limited compared to inner-city areas. However, the suburb's ongoing development and future urban renewal potential promise exciting changes on the horizon.

    Overall, Redcliffe is a lovely place to live, offering a balanced lifestyle with its combination of suburban charm and urban accessibility. It's a suburb that continues to attract families, professionals, and retirees who value community, convenience, and the potential for future growth. Whether you're looking for a place to settle down with your family or seeking a well-connected base close to the city, Redcliffe is a suburb that holds much promise.

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  • Is it expensive to live in Redcliffe?

    Living in Redcliffe can be quite expensive, particularly when it comes to housing. The current median house price in Redcliffe is around $900,000, which is significant when compared to the Western Australia average wage of approximately $85,000. This indicates that purchasing a home in Redcliffe could require a substantial financial commitment, especially for those on the lower end of the suburb's income profile, which ranges from $78,000 to $130,000 annually.

    For renters, the average rent for houses in Redcliffe is about $750 per week, while units, though not currently available for sale, have an average rent of $620 per week. Given that the median total household income in Redcliffe is $1,565 weekly, a large portion of income would be allocated to housing costs, leaving less room for other expenses. This makes it challenging for individuals and families to manage their budgets comfortably if they are earning around the average wage for the state.

    Overall, while Redcliffe offers proximity to Perth and the benefits of suburban living, the high cost of housing can make it a pricey option. If you are thinking of living in Redcliffe, it's essential to evaluate your financial situation to ensure you can afford the lifestyle that comes with residing in this suburb.

    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 presents an intriguing opportunity for property investors, especially those interested in houses. Over the past year, the suburb has experienced a significant 15.4% increase in median house values, indicating strong demand and potential for capital growth. This surge suggests that Redcliffe is becoming increasingly desirable, possibly due to its location, amenities, or community appeal. Additionally, the rental market for houses has also seen a healthy rise, with an 11.1% increase in rent, making it attractive for investors seeking rental income.

    While the unit market in Redcliffe has remained stable with no change in median values, the modest 3.3% increase in rent suggests a steady demand for rental units. This stability can appeal to investors looking for a less volatile market segment. Overall, Redcliffe's recent performance in the housing market, combined with its rental growth, makes it a promising suburb for investment, particularly for those focusing on houses. The suburb's potential for continued growth and rental yield makes it a compelling choice for investors aiming for both capital appreciation and rental income.

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Choose the right real estate agents in Redcliffe

Choosing the right real estate agent in Redcliffe can have a big impact on your sale. While there are 37 real estate agents working in the suburb, but just 5 of them were responsible for 45.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.93%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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