244 Red Hill RoadRed Hill VIC 3937
Property Details for 244 Red Hill Rd, Red Hill
244 Red Hill Rd, Red Hill is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 56710m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (January 2015)
Located on the famed Mornington Peninsula this well situated property of approx. 15 acres, features an operational winery facility.
Developed within an original apple cool store, the winery includes tank storage, large cool room facility, crusher, barrel storage, staff room, and loading/parking bay.
A large machinery shed/garage with three-phase power is conveniently located adjacent to the winery. Extensive rainwater storage is spread across three tanks.
A four bedroom, two bathroom timber residence with garden and secure front fencing is currently under lease on a monthly basis.
Valley views over the dam and creek to paddocks beyond are attractive and characteristic of the region. Capacity exists for plantings of approx. 7 acres of vines.
This property presents an exceptional opportunity to acquire substantial infrastructure in an excellent location.
Property History for 244 Red Hill Rd, Red Hill, VIC 3937
- 02 Jan 2015Sold for $1,210,000
- 07 Nov 2014Listed for Sale $1,100,000
- 25 Jun 2010Listed for Sale OVER $1,200,000
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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 627 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.
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