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Redcliffe suburb profile

Redcliffe is an established residential suburb in Perth’s eastern suburbs, within the City of Belmont, known for its quiet, tree-lined streets and a predominance of single-storey post-war homes with pockets of renovated and newer infill. Local life revolves around a modest shopping strip, community facilities and a handful of parks and sporting reserves, making it practical for families and first-home buyers. The suburb sits alongside light industrial and commercial areas, which gives it a down-to-earth, working suburb character, and regular bus services plus nearby arterial roads provide straightforward links to surrounding centres and the city.

Redcliffe property market performance

Current median dwelling price$722,500Past 3 months

Property growth+30.0%Past 12 months

Redcliffe has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. The median house price is $985,000, up sharply 20.5% over the last 12 months. Unit values rose strongly, up 39.4% over the last 12 months, so unit values grew faster than house values.

Over the last 3 months there were 15 house sales and 7 unit sales. Houses sold in a median of 9 days over the last 12 months, while units sold in a median of 17 days, so houses sold faster than units.

The rental market in Redcliffe saw house rents average $750 a week, up a solid 7.1% over the last 12 months, and unit rents average $620 a week, up a modest 3.3% over the last 12 months, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$985KN/A
Change in value
Past 12 months
20.5%39.4%
Sold
Past 3 months
157
Median days on market
Past 12 months
917
Average rent
Past 12 months
$750$620
Change in rent
Past 12 months
7.1%3.3%

5 year median price trend for houses and units

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Redcliffe demographics

Redcliffe has a population of 5,030 and a median age of 38. The median total household income is $1,565 a week, roughly $81,380 a year.

Families are dominated by couples: couple families with children are the largest group at 41.9%, and together with couple families without children (36.8%) they make up nearly four in five families. One-parent families account for 19.3% and other families 2.0%.

Homes in Redcliffe are more often owner-occupied than rented. Owned outright (22.3%) and owned with a mortgage (36.5%) combine to 58.8% of dwellings, roughly three in five, while renters make up 41.2%.

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 8.7% higher than Belmont’s.
  • Median unit prices: Redcliffe’s median unit price is 7.5% lower than Belmont’s.
  • House price growth: Over the past 12 months, house prices in Redcliffe have grown 1.6% higher than in Cloverdale.
  • Unit price growth: Over the past 12 months, unit prices in Redcliffe have grown 24.9% higher than in Belmont.
  • Selling speed for houses: Properties in Redcliffe are selling 25.0% faster than in Belmont.
  • Selling speed for units: Properties in nearby Belmont are selling 11.8% faster than in Redcliffe.
  • Investment considerations: In Redcliffe, the rental yield for house is 2.6% lower than the Perth average, while the rental yield for units is 6.9% lower.
  • House price growth: Over the past 12 months, house prices in Redcliffe have grown 15.6% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Redcliffe have grown 9.4% lower than the average rate of growth for units across Perth.

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 38 real estate agents working in the suburb, but just 5 of them were responsible for 42.9% 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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