FOR SALE
4.32acres $159,975

Mt Greenoch Road
Red Lion VIC 3371

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4.32ac
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Picturesque Views!

Elevated location with stunning views. Wonderful weekender or lifestyle property. Property previously used for merino sheep grazing.

Property Details for Mt Greenoch Rd, Red Lion

Building Type
Rural
Land Size
4.32ac

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About Red Lion 3371

The size of Red Lion is approximately 31.6 square kilometres. It has 3 parks covering nearly 11.5% of total area. The population of Red Lion in 2011 was 483 people. By 2016 the population was 128 showing a population decline of 73.5% in the area during that time. The predominant age group in Red Lion is 50-59 years. Households in Red Lion are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Red Lion work in a community and personal service occupation. In 2011, 83.9% of the homes in Red Lion were owner-occupied compared with 100% in 2016..

Red Lion has 122 properties. Over the last 5 years, Houses in Red Lion have seen a 82.93% increase in median value, while Units have seen a 66.18% increase. As at 30 November 2024:

  • The median value for Houses in Red Lion is $548,747 while the median value for Units is $173,902.
There are currently 5 properties listed for sale, and no properties listed for rent in Red lion on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Red lion.

Suburb Insights for Red Lion 3371

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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.