Redwood Park is a quiet north-eastern Adelaide family suburb in the Tea Tree Gully council area, adjacent to Banksia Park and Modbury. Known for its wide streets, parks and good school catchments, it is popular with families seeking suburban tranquility close to major retail. At the current $620k median house price, an 80% loan at 6.25% over 30 years is about $3,054 per month.
| Median house price | $620,000 |
|---|---|
| Median unit price | $400,000 |
| Estimated monthly repayment | $3,054 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4.2% |
| Typical days on market | 20 |
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