OFF MARKET

1/87 Arthurs Seat Road
Red Hill VIC 3937

Bedrooms: 1
Bathrooms: 4
Car spaces: 12
Land area: 3664m2
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Property Details for 1/87 Arthurs Seat Rd, Red Hill

Building Type
Commercial
Land Size
3664m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP23099

Last Listing description (July 2019)

This boutique retail space could be used for a variety of uses. There is an opportunity for a Grab n Go or fast food shop. this can also be upgraded to home office. This is situated in a lifestyle location adjoining United Petroleum Petrol Station, attracting passing traffic
Call our Agent now to discuss this opportunity further.

Property History for 1/87 Arthurs Seat Rd, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$1,450,000
21 Jan 2016
Listed for Rent
29 Aug 2016
  • 23 Jul 2019
    Listed for Rent - Price not available
  • 22 Aug 2016
    Listed for Rent - Price not available
  • 28 Jan 2016
    Listed for Rent - Price not available
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About Red Hill 3937

The size of Red Hill is approximately 23.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016.

Red Hill has 628 properties. Over the last 5 years, Houses in Red Hill have seen a 11.56% increase in median value, while Units have seen a 51.50% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,612,658 while the median value for Units is $1,892,659.
  • Houses have a median rent of $780.
There are currently 6 properties listed for sale, and 1 property listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 3937

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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.