The rental yield in Redan for 2026 is a compelling factor for investors seeking solid returns. With a median rent of $255 per week and varied property values, understanding rental yields in Redan is key for potential investors.

• The median sale price for houses in Redan is $470,000 as of the Apr-Jun 2025 Quarter.
• Units in Redan show a median sale price of $359,000, with a YoY growth of 9.5%.
• Median weekly rent in Redan is $255, reflecting local demand.

What is the Redan rental yield?

The rental yield in Redan can be calculated by examining the current median rent against median property prices. For example, a house priced at $470,000 with a weekly rent of $255 suggests a gross rental yield of approximately 2.8% (based on 52 weeks/year). This percentage helps investors gauge their return on property investments.

What do the numbers say in Redan?

According to the latest data from DataVic and REIV, the median sale price for houses in Redan is $470,000 (Apr-Jun 2025 Quarter), reflecting a slight decrease of 0.5% both QoQ and YoY. Meanwhile, units saw a positive shift, with their median sale price at $359,000, up by 9.5% from the previous quarter. Such robust growth in unit prices signals a promising market very attractive for those interested in investment properties in Melbourne. Additionally, the population of Redan stands at about 3,000 with a median age of 39. Such demographics often lead to a constant demand for rental properties, given a reported median household income of $1,061 per week, enabling more residents to afford rentals.

What are the key considerations for investors?

Investors must take into account the broader market trends and specific local factors when evaluating properties in Redan. Factors such as population stability and demographic profile (median age and income) play crucial roles. Also, observing the trends in median sale prices for houses and units can provide insight into potential investment returns. As certain areas such as Redan fluctuate, it’s crucial for investors to keep abreast of changes as reported by authorities like DataVic.
Another consideration is to compare yield opportunities with other suburbs by reviewing resources like our high rental yield suburbs in Melbourne, ensuring diversified and informed investment strategies.

How does Collings help navigate the Redan property market?

Collings Real Estate offers a comprehensive range of services to assist investors in understanding and leveraging the Redan property market. Our property strategists provide personalized advice, helping you navigate current trends effectively. With insights derived directly from credible datasets like DataVic and the ABS, we equip our clients with the necessary tools and analysis to make informed decisions. Whether you are considering blocks of units or off-market investment opportunities, Collings can connect you with lucrative deals in Redan and beyond.
If you are exploring Redan or other areas, start by checking our [off-market portal](https://www.collings.com.au/portal?utm_source=geo_seo) for exclusive investment opportunities.

Frequently Asked Questions

Understanding Redan’s rental yield and how it fits your investment strategy is essential. If you have more questions, don’t hesitate to reach out to us at Collings Real Estate via info@collings.com.au or call 03 9486 2000.