Are you looking to purchase a home or investment property in Redcliffe? As a RedcliffeBuyers’ Agent, we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Redcliffeproperty purchase!
Redcliffeis a bayside suburb located approximately 30km north of the Brisbane CBD, in the Moreton Bay region. The suburb is best known for its sandy Sutton’s beach and the Redcliffe Jetty. Redcliffe is also where the Bee Gees started their career! Redcliffeis bordered by the suburbs of Margate, Kippa-Ring and Scarborough.
The population of Redcliffein 2016 was around 10,378 and continues to grow. 49.9% of households in Redcliffeare owner occupied and consistent predominantly of professional couples (60-69 years old) without children.
Redcliffe’s main shopping and cafe precinct is located along Redcliffe Parade and Sutton Street, north of Anzac Avenue.
There is a train station in nearby Kippa-Ring. It takes just under an hour to get to Brisbane city by train.
There are numerous parks along the Redcliffe foreshore, always popular with runners, walkers and families.
Settlement Cove Lagoon is a family-friendly water play area and pool open all year round.
Redcliffe Hospital is the largest employer in the area. North Lakes Business Park and the Westfield North Lakes Shopping Centre are also large local employers.
Streets within a short walk to the waterfront, particularly properties with water views are most desirable.
Traffic noise can be an issue for properties close to major thoroughfares including Anzac Avenue and Oxley Avenue.
Almost half (48%) of properties in Redcliffeare free standing houses.
Post-war weatherboard homes and brick houses built in the 1970s-1980s are the predominant type of housing in the area.
The median house price in Redcliffe is $441,250 which is below Brisbane’s median.
The median house price in Redcliffewould typically buy a 4 bedroom, 1 bathroom house on a 600m2 block requiring renovation. For example: 24 Centaur Street, Redcliffe – sold for $435,000 in March 2020 (click to view listing and see images below).
The median unit price in Redcliffe is: $370,000.
This amount would typically buy a 3 bedroom, 2 bathroom, 1 garage unit in a new complex close to the waterfront. For example: 6/19-21 Shields Street Redcliffe – sold for $370,000 in March 2020 (click to view listing and see images below).
In the last 5 years the median house price has increased by 15.8%. Over the last 10 years, house prices have increased by 2% per annum.
Units in Redcliffehave seen more modest price growth. In the last 5 years the median price of units has increased by 3.2%. On average, over the last 10 years unit prices have decreased by 0.2% per annum.
**Statistics are accurate for April 2020
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