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
$1.8mil
Annual price change
5.6%
Metro Melbourne Comparison
$953k
5.1%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | - | $872,000 |
| 4 | - | $990,000 |
| Insight | Red Hill | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | |
| Days on market | 42 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Red Hill | Metro comparison |
|---|---|---|
| 2 | - | $600 |
| 3 | - | $560 |
| 4 | - | $600 |
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