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
$2.1mil
Annual price change
34.2%
Metro Melbourne Comparison
$943k
3.8%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | - | $870,000 |
| 4 | - | $990,000 |
| Insight | Red Hill | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 45 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | - | $570 |
| 4 | - | $600 |
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