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Redridge suburb profile

Redridge is a serene rural locality situated in the Bundaberg Region of Queensland, offering a peaceful lifestyle amidst natural beauty. Known for its expansive landscapes and agricultural surroundings, Redridge provides a tranquil escape from urban hustle. The area is characterized by its close-knit community and a slower pace of life, appealing to those seeking a rural retreat. While amenities are limited within Redridge itself, the nearby town of Childers offers essential services, shopping, and dining options. Its picturesque environment and community spirit make Redridge an attractive choice for those looking to embrace country living.

Redridge property market performance

Redridge's property market has experienced notable growth in house values over the past 12 months, with an impressive increase of 17.7%. However, the median house price remains at $0, indicating a lack of recent sales data or market activity. The unit market has seen no change in value, with no units sold in the past year.

Sales activity in Redridge has been minimal, with only 4 houses sold over the last 12 months and no units changing hands. Houses have a median time on market of 49 days, suggesting a moderate pace of sales given the limited activity.

The rental market in Redridge shows no recorded activity, with both house and unit rents remaining unchanged at $0 over the past year. This indicates a potential lack of rental demand or available rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
19.2%N/A
Sold
Past 3 months
2N/A
Median days on market
Past 12 months
47N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Redridge demographics

Redridge, located in Queensland, is a small and serene suburb that offers a peaceful lifestyle away from the hustle and bustle of city life. With a population of just 711, it is a close-knit community where residents enjoy a slower pace of life. The median age of 57 indicates a mature population, with many residents likely enjoying retirement or approaching it. This demographic is reflected in the high percentage of couple families without children, which stands at 64.1%, suggesting that many households are either empty nesters or couples who have chosen a child-free lifestyle.

The suburb's housing market is characterized by a high rate of outright home ownership, with 60% of properties owned outright. This is indicative of a stable community where residents have settled long-term. Additionally, 33% of properties are owned with a mortgage, while only 7% are rented, highlighting the suburb's appeal to those seeking permanent residence rather than transient living arrangements. The median total household income of $914 per week suggests a modest but comfortable standard of living, typical of a semi-rural area.

Redridge's family composition is predominantly made up of couple families, with 21.8% having children and 14.1% being one-parent families. The absence of other family types underscores the traditional family structure prevalent in the area. Overall, Redridge offers a tranquil environment ideal for retirees or those looking to escape urban pressures, with its strong sense of community and emphasis on home ownership providing a secure and welcoming atmosphere.

Suburbs near Redridge

Some popular suburbs near Redridge include:

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