Red Hill ACT 2603

Here you can find what you need to know about Red Hill, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.4m Median Sale Price (National Average $485k) 6th In ACT
0.32% Median Price Change (1 yr) (National Average 4.30%) 71st In ACT
$828pw Median Rent (National Average $395) 3rd In ACT
3.1% Median Gross Yield (National Average 4.24%) 96th In ACT
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Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Red Hill, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Red Hill, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Red Hill, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Red Hill


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
ACT 75 55%
NSW 634 63%
NT 9 12%
QLD 104 43%
SA 105 55%
TAS 6 0%
VIC 943 54%
WA 27 45%

Local Schools


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Suburb Information

Red Hill, ACT 2603

Part of: Canberra Central Council No data available

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 33.4% of total area. The population of Red Hill in 2011 was 3,248 people. By 2016 the population was 3,174 showing a population decline of 2.3% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 63% of the homes in Red Hill were owner-occupied compared with 65.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Red Hill

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Red Hill   for Houses in last 12 months


There have been 31 Houses sold in Red Hill in the past 12 months with a median sale price of $1.4M, up 4.0% annually. It takes on average 48 days to sell with vendor discounting of -7.12%.

Streets in Red Hill


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Breakfast Point NSW, 2137 -1.01% $3,532,500 $1,315pw 1.9% View Suburb Profile
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Red Hill QLD, 4059 -0.28% $875,000 $580pw 3.5% View Suburb Profile
Galston NSW, 2159 -11.85% $1,320,000 $650pw 2.6% View Suburb Profile
Normanhurst NSW, 2076 -8.13% $1,300,000 $700pw 2.8% View Suburb Profile
Red Hill South VIC, 3937 39.88% $1,175,000 Unavailable Unavailable View Suburb Profile