Property investment stats for Redruth, South West

• The average rental yield of 4.1% is competitive for the South West, and the top-performing postcode district offers an even higher 4.8%.
• The annualised growth over three years of 4.6% shows the area has delivered consistent capital appreciation.
• The median asking rent for a 3-bedroom house is £1,300, which, combined with local affordability, creates a balanced environment for buy-to-let.

• The capital growth over one year of 0.3% is modest, so short-term price jumps should not be expected.
• The area has a relatively low proportion of professionals and managers, sitting in the 15th percentile, which could limit upward pressure on rents and prices.
• The median discount to asking price of £950 (the typical achieved discount) indicates buyers may have room to negotiate, so sellers might not always achieve their ideal price.

Redruth’s property market looks set for steady, if unspectacular, performance over the next year. The combination of a price-to-income ratio of 4.7 and a rent-to-income ratio of 22.1% suggests affordability for both buyers and renters will remain a draw.

With a high proportion of private renters and a healthy annual sales figure, liquidity should remain stable. Investors should not expect dramatic capital gains in the short term, but the three-year capital growth of 14.5% and annualised growth of 4.6% point to solid long-term prospects. Overall, Redruth offers a balanced proposition for investors seeking a mix of yield and gradual growth.