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.
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Median Monthly Mortgage | $ |
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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.
82 SHEEHANS RD, RED HILL, VIC, 3937 | 4 | 2 | 2 | $2,300,000 - $2,500,000 |
Red Hill Primary School
St Bede's Primary School
Canberra Grammar School
Canberra Girls Grammar School
Garran Primary School
Alfred Deakin High School
Hughes Primary School
Forrest Primary School
The Woden School
Malkara School
(While the above schools are located with the suburb of Red Hill there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 13.8 | 24.7 | 46.6 | 86.5 | 3.6 | 24.7 |
Feb | 1.2 | 14.3 | 25.8 | 44.2 | 86.2 | 3.3 | 20.3 |
Mar | 1.4 | 13.0 | 23.6 | 46.4 | 87.1 | 3.0 | 15.4 |
Apr | 2.1 | 10.5 | 20.0 | 52.2 | 89.5 | 2.7 | 11.9 |
May | 2.4 | 8.4 | 16.7 | 57.8 | 89.3 | 2.9 | 8.4 |
Jun | 2.4 | 6.4 | 14.3 | 63.7 | 90.3 | 2.6 | 7.2 |
Jul | 2.0 | 6.2 | 13.7 | 61.4 | 88.7 | 3.1 | 7.4 |
Aug | 2.2 | 6.8 | 14.6 | 55.4 | 87.9 | 3.5 | 10.2 |
Sept | 2.4 | 7.8 | 17.2 | 49.7 | 88.6 | 3.5 | 14.4 |
Oct | 2.2 | 9.1 | 19.1 | 49.8 | 88.7 | 3.4 | 19.2 |
Nov | 2.1 | 11.0 | 21.1 | 50.6 | 88.6 | 3.2 | 22.4 |
Dec | 2.0 | 12.4 | 23.4 | 48.1 | 88.0 | 3.4 | 26.4 |
source: Australian Government Bureau of Meteorology
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