October 26, 2026
The median unit in Redcliffe QLD 4020 is worth $970k, up 23.5% over 12 months, with a median rent of $620/wk (CoreLogic, August 2026). That is among the fastest unit growth rates on the Redcliffe Peninsula, and it has moved units from the cheaper option to a market in their own right.
Below is what the numbers say, how Redcliffe compares with nearby suburbs, and what it means whether you are buying, selling or renting out a unit.
What is a unit worth in Redcliffe 4020?
At $970k, a Redcliffe unit sits well above the $727k median in Kippa-Ring and the $845k in Clontarf. It is also close to the median in Woody Point ($956k) and Margate ($939k).
For comparison, the median house value in Redcliffe is $1.07m, up 11.0% over the year. Units grew at more than double the pace of houses, so the gap between the two has narrowed.
The unit median covers everything from older walk-up blocks to newer buildings close to Redcliffe Parade, so your own unit could sit well above or below the median. An online property estimate is a quick first look, and a local appraisal gives you the detail.
How do Redcliffe units compare with the rest of the Peninsula?
Here are the median unit values and 12-month changes for each suburb, from the same CoreLogic data:
- Redcliffe 4020: $970k, up 23.5%, rent $620/wk
- Kippa-Ring 4021: $727k, up 23.7%, rent $550/wk
- Margate 4019: $939k, up 23.5%, rent $530/wk
- Woody Point 4019: $956k, up 15.0%, rent $585/wk
- Scarborough 4020: $1.14m, up 12.8%, rent $650/wk
- Clontarf 4019: $845k, up 3.0%, rent $528/wk
- Newport 4020: $1.45m, down 0.1%, rent $800/wk
Three suburbs, Redcliffe, Kippa-Ring and Margate, are each up 23.5% or more. Newport units are flat at a much higher price point, and Clontarf units have grown only 3.0%.
The lesson is that units on the Peninsula are not one market. Price, growth and rent all change from suburb to suburb, and sometimes from street to street.
What do units rent for in Redcliffe?
A Redcliffe unit rents for a median of $620/wk. A Redcliffe house rents for $650/wk, so the rent gap is small even though the house costs more to buy.
That matters for investors. Rent does not rise in step with the purchase price, so a unit at $970k and a house at $1.07m earn similar rent in this suburb. Kippa-Ring is a useful contrast: units there rent for $550/wk but cost $727k to buy.
If you own a unit and are thinking about renting it out, our rental property appraisal gives you a local rent figure. Kindred manages 700+ properties across Moreton Bay, with a 6-hour response commitment, 1.2% rent arrears and vacant properties leased in 9 days on average.
Who suits a Redcliffe unit?
We will not guess at buyer statistics, because the data above does not include them. What we can say is who the location tends to suit.
- Buyers who want the waterfront lifestyle. Redcliffe has the Jetty, Suttons Beach and the cafes and shops along Redcliffe Parade, and a unit puts you close to all of it without a large block to look after.
- Downsizers. A unit can free up equity from a larger home and cut maintenance, while staying on the Peninsula.
- Investors. Strong growth and a median rent of $620/wk make Redcliffe worth a close look, though the rent gap to houses is small.
- Buyers priced out of houses. At a median of $970k, a unit is still a big purchase, but it costs less than the $1.07m house median.
To see how many active buyers are looking for a home like yours, try the buyer demand calculator.
Should you sell a unit in Redcliffe now?
After growth of 23.5% in a year, many unit owners are asking this question. The honest answer depends on your plans, not on a headline number.
If you are selling, the most useful step is a proper appraisal. Kindred gives you an appraisal and selling plan with the fees shown up front, before we meet. Marketing costs $0 upfront and you pay at settlement. Before your unit goes live, we introduce it to active buyers in our database, and our Buyer Network team answers buyer enquiries 7 days a week.
Our agents are paid a salary, so our advice is not driven by commission. You can book a free sales appraisal to see where your unit sits against the median.
Where to read more
For the wider picture, see our Redcliffe Peninsula property market update and the guide to selling a house in Redcliffe 4020. If you are weighing up the southern end of the Peninsula, our comparison of Woody Point, Margate and Clontarf covers the 4019 suburbs.
You can also read about Redcliffe real estate agents and how we work across the Peninsula.
Thinking about buying, selling or renting out a Redcliffe unit? Call the Kindred team on (07) 3284 0512 or visit us at 425 Elizabeth Avenue, Kippa-Ring. With 300+ five-star reviews, we are happy to talk it through.
