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    Green Valley (WA)
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    Elleker

    Real Estate Market: Is Redmond WA 6327 a Good Suburb to Buy Into?

    Housing Market in Redmond
    Key Redmond Metrics & Forecast to 2028
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Regional WA Trend
    Capital Growth Forecast: Houses
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    Capital Growth Forecast: Houses (2-Year Outlook)
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    Median yield for houses
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    Smart median rent: All houses
    		$536 Bottom 37% 235% to Mar 2025
    Smart median sale price: All houses
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    Housing Supply in Redmond
    Redmond Real Estate Investor Report
    Sample Graphic
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
    Redmond
    44.8%
    Redmond
    44.8%
    Regional WA
    53.5%
    Regional WA
    53.5%
    Compare
    Suburbs
    Field Value VS Regional WA Trend
    Development applications
    		0 Bottom 38% Data for Jun 2025
    Developments
    		2.1 Bottom 46% Data for Jul 2023
    Housing Stock Quality Indicator
    Total new residential buildings value (SA2)
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    Days on market: houses
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    Days on market: units
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    Volume of houses sold in the last 30 days
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    Volume of units sold in the last 30 days
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    Stock on Market
    		1 Top 44% to Feb 2025
    Housing Stock Quality in Redmond
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
    Field Value VS Regional WA Trend
    Houses
    		100.0% Top 31% 5% to Jan 2021
    Average bedrooms - all homes
    		2.8 Top 23% 11% to Jan 2021
    NBN connection: fibreoptic cable to node
    		0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in Redmond
    Redmond Zoning Map
    Sample Graphic
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
    Redmond
    18.9%
    Redmond
    18.9%
    Regional WA
    28.5%
    Regional WA
    28.5%
    Compare
    Suburbs
    Field Value VS Regional WA Trend
    Total area
    		82.0 sq km Top 14% Data for Jan 2021
    Residential density
    		3620 sqm per resident Top 31% Data for Jan 2021
    Risk in Redmond
    Redmond Risk Report
    Sample Graphic
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
    Redmond
    57.7%
    Redmond
    57.7%
    Regional WA
    51.6%
    Regional WA
    51.6%
    Compare
    Suburbs
    Field Value VS Regional WA Trend
    % Owner Occupied
    		84.5% Bottom 26% 2% to May 2023
    % Rentals
    		15.5% Top 26% 13% to May 2023
    Housing Affordability Index
    		35 Top 42% Data for Jun 2023
    Median monthly mortgage
    		$2,070 Top 41% 27% to May 2023
    Rent Affordability Index (Houses)
    		74 Bottom 27% Data for Jun 2023
    Rent Affordability Index (Units)
    		69 Bottom 17% Data for Jun 2023
    Mortgage as a percent of income
    		27.5% Top 23% 2% to Jan 2021
    Mortgaged Dwellings
    		19.3% Bottom 6% 1% to May 2023
    Housing Demand in Redmond
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
    Redmond
    37.1%
    Redmond
    37.1%
    Regional WA
    40.5%
    Regional WA
    40.5%
    Compare
    Suburbs
    Field Value VS Regional WA Trend
    Net internal migration (LGA)
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    Net overseas migration (LGA)
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    Future Population (SA2)
    		3490 Bottom 5% Data for Dec 2016
    Historical Population (SA3)
    		65200 Top 49% 21% to Dec 2023
    Historical population growth
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    Population (LGA)
    		42400 Top 29% 35% to Dec 2030
    Population Projection (LGA)
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    Auction clearance rate
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    Proportion of distressed listings
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    Unit Market in Redmond
    Redmond Unit Investor Report
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Regional WA Trend
    Median yield for units
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    Smart median rent: All units
    		$410 Bottom 31% 164% to Feb 2025
    Smart median sale price: All units
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    Unit to house ratio
    		83.8% Top 27% 12% to Mar 2025
    Turnover Rate by Street (10)
    Median Unit Sale Prices by Street (1)
    Percent of Renters by Street (16)
    LGA Details (1)
    Businesses (2)
    Recently Sold Houses (17)
    Median House Sale Prices by Street (100)
    Recent Rental House Listings (100)
    Recently Sold Units (100)
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    Profiles
    People & Lifestyle
    Crime & Disadvantage
    Real Estate
    Affluence & Economy
    Environment
    Nearby Suburbs
    Green Valley (WA)
    Drome
    Marbelup
    Narrikup
    Redmond West
    Torbay
    Willyung
    Youngs Siding
    Millbrook (WA)
    Elleker