Lot 31b Mt Greenoch Road

Red Lion VIC 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 120 properties. Over the last 5 years, Houses in Red Lion have seen a 81.38% increase in median value, while Units have seen a -22.61% decrease. As at 31 August 2024:

• The median value for Houses in Red Lion is $521,263 while the median value for Units is $312,131.