Date Prepared: 20th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Redcliffe, located on the Redcliffe Peninsula in Moreton Bay, is a vibrant coastal suburb known for its stunning beaches, cultural landmarks, and a strong sense of community. With its mix of residential options and a thriving tourism sector, Redcliffe is a popular destination for families, professionals, and retirees.
Demographics
- Population: Approximately 11,700 (2021 Census, ABS).
- Median Age: 45 years, reflecting a balanced mix of families, professionals, and retirees.
- Dwelling Type: Predominantly standalone houses with a growing number of units.
- Ownership: High ownership rates, indicative of a stable and established community.
Property Market (2024)
Houses
- Median Sale Price: $815,000 (+8.7% annual growth).
- Median Weekly Rent: $600.
- Rental Yield: 3.9%.
- Sales Volume: 138 recorded house sales in the past 12 months.
Units
- Median Sale Price: $650,000 (+18.2% annual growth).
- Median Weekly Rent: $540.
- Rental Yield: 4.3%.
Long-Term Trends (2006–2024)
Over the past 18 years, Redcliffe’s housing market has shown steady growth, with the median house price increasing from $270,000 in 2006 to $815,000 in 2024. This represents an average annual growth rate of approximately 6.6%.
Recent Notable Sales
- 25 Williams Street: Sold for $1,100,000 (Nov 2024).
- 6 Manley Street: Sold for $1,050,000 (Sep 2024).
- 32 Williams Street: Sold for $1,530,000 (Aug 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Redcliffe offers access to a range of quality educational facilities:
- Primary Schools:
- Redcliffe State School.
- Secondary Schools:
- Redcliffe State High School.
- Private Schools:
- Grace Lutheran College (nearby in Rothwell).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Redcliffe Markets: Offers boutique stores, cafes, and essential retail services.
- Nearby Options: Kippa-Ring Shopping Centre provides larger retail hubs and dining options.
Parks and Recreation
- Redcliffe Jetty: A landmark offering fishing, walking, and scenic views.
- Suttons Beach: A family-friendly beach with picnic facilities and play areas.
- Botanical Gardens: Features walking trails and lush greenery for recreation.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Redcliffe is accessible via the Houghton Highway and Ted Smout Memorial Bridge, providing direct connections to Brisbane.
- Public Transport:
- Regular bus and train services connect Redcliffe to Brisbane and surrounding suburbs.
- Walkability:
- High; local amenities, parks, and beaches are within walking distance.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Continued development of modern units and high-end homes along the waterfront.
- Community Investments: Enhancements to foreshore facilities, parks, and local infrastructure to support population growth and tourism.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by tourism, healthcare, retail, and education industries.
- Community Activities:
- Coastal festivals, weekend markets, and cultural events bring residents and visitors together.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~11,700 (2021 Census). |
| Median House Price (2024) | $815,000. |
| Median Rent (Houses) | $600/week. |
| Rental Yield (Houses) | 3.9%. |
| Median Unit Price (2024) | $650,000. |
| Median Rent (Units) | $540/week. |
| Rental Yield (Units) | 4.3%. |
| Notable Parks | Redcliffe Jetty, Suttons Beach, Botanical Gardens. |
| Transport Access | Houghton Highway, Ted Smout Memorial Bridge, bus and train services. |
Conclusion
Redcliffe’s stunning coastal scenery, steady property growth, and excellent amenities make it an attractive choice for families, retirees, and investors. Its vibrant community and proximity to Brisbane offer a desirable mix of lifestyle and convenience, providing long-term potential for residents and property buyers alike.