OFF MARKET

144 Red Hill Road
Red Hill VIC 3937

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 7597m2
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Property Details for 144 Red Hill Rd, Red Hill

Building Type
Land
Land Size
7597m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS728290

Last Listing description (June 2011)

Home Sweet Home
For those who dream of peace and quiet is this delightful four-bedroom property set on 1 & 3/4 acres of picturesque land (approx.) in community-minded Red Hill South.
Currently a successful B&B, ''Rosebank'' offers owner/manager quarters at one end and fully-self contained guest facilities at the other.

Formal and informal living zones allow great flexibility and heating/cooling is serviced by a Coonara, open-fire-place and split-system airconditioning.
Visitors' parking is provided plus ample shedding, double remote garaging and a huge water tank supply.
Beautiful gardens create the magic surrounding the residence adding a small dam, fruit tree varieties and entertaining areas enhanced by a lovely outlook over ''The Vines'' vineyard.
Village shops are just up the road including the local post office, supermarket, take-away outlet and newsagency.
Positioned between glorious beaches both sides of the Mornington Peninsula this prized location is nearby to cherry/strawberry farms, award-winning wineries and famous restaurants.
Whether for business or pleasure this exceptional property delivers an uncomplicated lifestyle change with income, in-law/teenage accommodation or a wonderful home to thoroughly enjoy.

Expressions of Interest closing 12th July.
Additional feature/s - North Aspect; Fully Fenced; Bush.

Property History for 144 Red Hill Rd, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$10,000
16 Jan 2015
  • 16 Jan 2015
    Sold for $10,000
  • 16 Apr 2011
    Listed for Sale PRICE ON APP.

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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 626 properties. Over the last 5 years, Houses in Red Hill have seen a 70.87% increase in median value, while Units have seen a 1.19% increase. As at 30 September 2024:

  • The median value for Houses in Red Hill is $3,228,772 while the median value for Units is $1,643,774.
  • Houses have a median rent of $790.
There are currently 5 properties listed for sale, and no properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 16 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.