All About Red Hill, Unincorporated ACT, ACT, 2603

Red Hill, located in the Unincorporated Australian Capital Territory (ACT), is a prestigious and highly sought-after suburb that exemplifies the best of residential living in close proximity to Canberra. The housing market in Red Hill is characterized by its exclusivity and high property values, reflective of its status as one of the ACT’s premier locations. Properties in Red Hill mainly consist of spacious, architecturally designed houses that offer breathtaking views of the surrounding landscapes, including vistas of Canberra’s city center and the Brindabella Ranges. The market tends to attract affluent buyers, with demand consistently robust due to the suburb's reputation for offering a serene lifestyle while being conveniently located near key amenities and the political hub of Canberra. As a result, real estate in Red Hill typically experiences stable growth, with properties garnering significant attention whenever they come onto the market.

Living in Red Hill offers residents a blend of tranquility and accessibility, making it an enviable place to call home. The suburb is surrounded by lush greenery and walking trails, such as those in the adjacent Red Hill Nature Reserve, which provide ample opportunities for outdoor activities and connecting with nature. This enhances the quality of life for residents, who can enjoy leisurely walks, jogging, or cycling in a serene environment. The area is known for its quiet, family-friendly atmosphere, supported by a selection of prestigious schools, including Canberra Grammar School, which add to its appeal for families seeking high-quality education options. Furthermore, Red Hill is well-connected to Canberra’s key attractions and amenities, offering easy access to shopping precincts, fine dining, and cultural venues. This balance of peaceful living and urban convenience makes Red Hill a highly desirable suburb within the ACT.

Red Hill Real Estate Market Outlook

Thinking about buying in Red Hill? Now could not be a better time, with 1939 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,871,000 with prices in this suburb ranging from $189,000 to $21,440,000. The aproximate distance to the coast is 102 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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. A mix of professions and above average income earners in Red Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. With very low industrial sector presence in Red Hill the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Public Transport

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General Points of Interest

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