Market snapshot

Suburb insights for Red Hill3937

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Red Hill is located 62 km south of the CBD. Located on the Mornington Peninsula Red Hill is arelatively sparesly populated agricultural suburb renowned for its vineyards nurseries and wineries. The suburb has significant tracts of reserves and a number of creeks traverse the area. Red Hill also features the Red Hill Market Kangerong Flora Reserve and the Merricks - Red Hill Horse Riding Trail and incorporates the areas of Red Hill South Merricks North and Main Ridge.

Sales data

Median sale price
$1.8mil
Annual price change
-28.8%
Metro Melbourne Comparison
$929k
-7.5%
BedroomsRed HillMetro comparison
2-$920,000
3-$810,000
4-$965,000
InsightRed HillMetro comparison
Clearance rate75.3%
Days on market40

Rental data

Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$550
3.1%
BedroomsRed HillMetro comparison
2-$550
3-$520
4-$575
Median data for the current quarter

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