FOR SALE
By Negotiation

4 Torres Street
Red Hill ACT 2603

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Land area: 4030m2
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A rare opportunity to create one of Canberra's finest estates

What you see:
Elevated with a rear northerly position spanning 4030m² of prime land holding only a short walk to Canberra Grammar School and Manuka Village. On offer with this palatial estate are DA approved plans through the Heritage council fast tracking your timeline to your forever home. Superior positioning with unmatched potential to create one of the Nation's capitals finest estates in one of the most tightly held enclaves in Canberra.
What we see:
A generational opportunity to secure your estate amongst the best the Inner South has to offer.
See more:
- One of the Canberra's finest residential addresses
- Rare estate like underdeveloped block in highly established and desired old Red Hill enclave
- Elusive heritage DA approved plans for one residential home (plans available upon enquiry)
- Supreme north to rear 4030m² land holding with two separate driveways
- The old Red Hill Housing precinct represents the grandest development of a garden suburb within the Australian Capital Territory through its spacious and highly landscaped subdivision.
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Property Details for 4 Torres St, Red Hill

4 Torres St, Red Hill is a 5 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 4030m2. The place is currently for sale with Hive Property.

Building Type
House
Land Size
4030m2

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About Red Hill 2603

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 50.4% of total area. The population of Red Hill in 2011 was 3,248 people. By 2016 the population was 3,174 showing a population decline of 2.3% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 63% of the homes in Red Hill were owner-occupied compared with 65.4% in 2016.

Red Hill has 1,619 properties. Over the last 5 years, Houses in Red Hill have seen a 43.72% increase in median value, while Units have seen a 64.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,007,485 while the median value for Units is $821,518.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 2603

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.