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
$2.5mil
Annual price change
39.4%
Metro Melbourne Comparison
$912k
-4.3%
BedroomsRed HillMetro comparison
2-$902,500
3-$810,000
4-$955,000
InsightRed HillMetro comparison
Clearance rate73.8%
Days on market42

Rental data

Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$560
3.2%
BedroomsRed HillMetro comparison
2-$550
3-$540
4-$580
Median data for the current quarter
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