Redfern shows mixed investment signals that warrant careful consideration. The 3.3% vacancy rate in Redfern suggests some softness in rental demand, which warrants careful consideration.
Price growth of 2.5% over the past 12 months is below the national average, suggesting limited capital growth momentum. Rental yields of 3.2% are below the national average, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model scores Redfern at 22/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.
Redfern shows stronger capital growth indicators than cashflow metrics. The 2.5% price growth and 3.3% vacancy rate suggest Redfern is better suited to investors with a longer hold horizon seeking capital appreciation.
Based on PropTime's analysis of 15 demand and supply indicators, Redfern scores 22/100 — a Avoid signal. Key indicators include a 3.3% vacancy rate, 3.2% rental yield, and 2.5% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Redfern data.
The current vacancy rate in Redfern is 3.3%. This vacancy rate suggests rental properties may take longer to lease and investors should factor this into their cashflow calculations.
The gross rental yield in Redfern is 3.2%. The Australian national average is approximately 4.5%, so Redfern is below the national average, which means careful attention to purchase price and loan structure is needed to achieve positive cashflow. Use PropTime's free cashflow calculator to model the full weekly cashflow for Redfern.
PropTime's composite model scores Redfern at 22/100 as of May 2026. Price growth of 2.5% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Redfern.
Redfern scores 22/100 on PropTime. Similar suburbs by score include Wollongong, Bondi, Leichhardt, all within the same NSW market.