Red Hill VIC 3937

Here you can find what you need to know about Red Hill, VIC, 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

$965k Median Sale Price (National Average $485k) 195th In VIC
22.15% Median Price Change (1 yr) (National Average 4.30%) 174th In VIC
$550pw Median Rent (National Average $395) 140th In VIC
3.0% Median Gross Yield (National Average 4.24%) 747th In VIC
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Properties sold 8
Average discounting -1.68%
Average Days on Market 22
Stock on Market 7 for sale

Investment Strategy Scores

No Investor Scores available for this suburb

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Red Hill


State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 920 52%
ACT 74 49%
NSW 638 54%
NT 9 12%
QLD 104 38%
SA 105 53%
TAS 6 0%
WA 28 26%

Local Schools


Suburb Information

Red Hill, VIC 3937

Part of: Mornington Peninsula Council No data available

The size of Red Hill is approximately 23.5 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016. (source: Australian Bureau of Statistics)

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Demographic data provided
by Australian Bureau of Statistics

Market Trends for Red Hill   for Houses in last 12 months

There have been 10 Houses sold in Red Hill in the past 12 months with a median sale price of $965K, up 15.99% annually. It takes on average 85 days to sell with vendor discounting of -4.97%.

Streets in Red Hill

Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Main Ridge VIC, 3928 -22.56% $1,665,000 $860pw 2.7% View Suburb Profile
Red Hill South VIC, 3937 39.88% $1,175,000 Unavailable Unavailable View Suburb Profile
Red Hill ACT, 2603 0.32% $1,407,500 $828pw 3.1% View Suburb Profile
Hastings VIC, 3915 7.51% $513,500 $370pw 3.8% View Suburb Profile
Mornington VIC, 3931 1.65% $803,000 $480pw 3.1% View Suburb Profile
Merricks VIC, 3916 -6.96% $1,070,000 $1,000pw 4.9% View Suburb Profile