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
$1.7mil
Annual price change
-20.8%
Metro Melbourne Comparison
$992k
4.9%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | - | $863,000 |
| 4 | - | $980,500 |
| Insight | Red Hill | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 37 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | - | $550 |
| 4 | - | $595 |
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