The size of Redwood is approximately 4.3 square kilometres. It has 6 parks covering nearly 48.3% of total area. The population of Redwood in 2011 was 5,675 people. By 2016 the population was 162 showing a population decline of 97.1% in the area during that time. The predominant age group in Redwood is 60-69 years. Households in Redwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redwood work in a professional occupation. In 2011, 55.5% of the homes in Redwood were owner-occupied compared with 90.2% in 2016..
Redwood has 101 properties. Over the last 5 years, Houses in Redwood have seen a 80.68% increase in median value. As at 31 October 2024:
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