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Suburb Insights ยท WA 6721

Redbank 6721, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Redbank is a regional centre in Western Australia, Australia, with a population of approximately 48, making it a boutique locality. Located approximately 1320 km from the Perth CBD, Redbank is a regional area in Western Australia. The median household income is $81,224 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Household incomes in Redbank sit in a comfortable mid-range for the Western Australia market. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Redbank, Western Australia, Australia.

Key Indicators

Postcode
6721

Official Australia Post postcode for Redbank. A postcode may cover multiple suburbs.

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Population
48

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$81,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1320 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,490/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
67% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Redbank serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,490/month. The median household income of $81,224/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Redbank offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Redbank tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

The resale market in Redbank may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Redbank property

Full Property Analysis

30-year projections for Redbank

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Redbank may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Redbank is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Redbank is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Redbank a good suburb for investment?

Redbank is a regional area in Western Australia with a population of 48. The median rent is $200/week and the median household income is $81,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Redbank?

Key demand drivers in Redbank include regional employment hubs, lifestyle, and affordability. 67% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Redbank?

According to the ABS 2021 Census, Redbank has a population of approximately 48. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Redbank from the Perth CBD?

Redbank is approximately 1320 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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