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83 Mugga Way,
Red Hill ACT 2603

This property is Off Market

All about Red Hill Homes for sale in Red Hill


  • The Average property price in this area is $1,870,864, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 104.36 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Red Hill (ACT)

With an average age of 46, households expect an average monthly mortgage payment of $4,000 or a weekly rent payment of $785. The average family earns a weekly income of $4,833 with a typical household size of 3 and a 99.09% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Red Hill ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Red Hill changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Red Hill to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 318 asthma sufferers and 107 people living with diabetes. In addition, 130 people have a heart/vascular condition and 205 people live with three or more chronic diseases.

A good place to invest in property?

Red Hill (ACT) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

70 / 100

56 / 100

Industry

24 / 100

28 / 100

Population

22 / 100

26 / 100

House Prices

61 / 100

72 / 100

Jobs

24 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Narrabundah College

    Narrabundah, ACT, 2604 Independent 11-12

  • St Bede's Primary School

    Red Hill, ACT, 2603 Independent K-6

  • Red Hill Primary School

    Red Hill, ACT, 2603 Independent K-6


Property Story

83 Mugga Way, Red Hill, Act, 2603 is a residential property with 3 bedrooms, 4 bathrooms and 2 Parking spaces. The estimated value of this home is $2,750,000. The estimated distance to the sea is 104.36km and 0.58KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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