Market snapshot
Suburb insights for Red Hill3937
Change suburbRed Hill, approximately 63 km southeast of Melbourne's CBD, is a picturesque hinterland area famous for its wineries, artisan producers, and rolling countryside. Located inland from Dromana, it’s popular for weekend tourism and high-end rural properties, drawing food and wine lovers, retirees, and tree-changers.
Sales data
Median sale price
$2.8mil
Annual price change
-25%
Metro Melbourne Comparison
$974k
3.8%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | - | $851,000 |
| 4 | - | $970,000 |
| Insight | Red Hill | Metro comparison |
|---|---|---|
| Clearance rate | 77.8% | |
| Days on market | 36 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | - | $550 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.