Market snapshot
Suburb insights for Red Hill3937
Change suburbRed 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
$2.9mil
Annual price change
72.6%
Metro Melbourne Comparison
$916k
-3.2%
Bedrooms | Red Hill | Metro comparison |
---|---|---|
2 | - | $902,000 |
3 | - | $807,500 |
4 | - | $950,000 |
Insight | Red Hill | Metro comparison |
---|---|---|
Clearance rate | 73.3% | |
Days on market | 42 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$575
3.3%
Bedrooms | Red Hill | Metro comparison |
---|---|---|
2 | - | $560 |
3 | - | $550 |
4 | - | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.