1/27 Spencer Street

Redbank QLD 4301

The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2011 was 1,605 people. By 2016 the population was 1,848 showing a population growth of 15.1% in the area during that time. The predominant age group in Redbank is 10-19 years. Households in Redbank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation. In 2011, 52% of the homes in Redbank were owner-occupied compared with 49.6% in 2016.

Redbank has 1,355 properties. Over the last 5 years, Houses in Redbank have seen a 108.49% increase in median value, while Units have seen a 115.50% increase. As at 31 October 2024:

• The median value for Houses in Redbank is $713,088 while the median value for Units is $521,008.
• Houses have a median rent of $523 while Units have a median rent of $445.