708/7-9 Gibbons Street

Redfern NSW 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2011 was 12,034 people. By 2016 the population was 13,218 showing a population growth of 9.8% in the area during that time. The predominant age group in Redfern is 20-29 years. Households in Redfern are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Redfern work in a professional occupation. In 2011, 38.2% of the homes in Redfern were owner-occupied compared with 33.5% in 2016.

Redfern has 7,982 properties. Over the last 5 years, Houses in Redfern have seen a 45.95% increase in median value, while Units have seen a 22.01% increase. As at 31 August 2024:

• The median value for Houses in Redfern is $2,050,396 while the median value for Units is $1,142,977.
• Houses have a median rent of $995 while Units have a median rent of $800.