Thinking about buying in Redlynch? Now could not be a better time, with 5023 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $749,000 with prices in this suburb ranging from $40,000 to $3,303,000. Redlynch is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Redlynch Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Redlynch due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Redlynch classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Redlynch requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Redlynch

	36 mcbride st, redlynch, qld, 4870	4	3	0	Offers Over $995,000
	72 norfolk cct, redlynch, qld, 4870	4	2	0	Under Contract
	10 java ct, redlynch, qld, 4870	7	4	8	Under Contract
	unit 2, 58-70 redlynch intake rd, redlynch, qld, 4870	2	2	2	Please Call

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General Points of Interest

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