OFF MARKET

40 Prossors Lane
Red Hill VIC 3937

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 442m2
Land area: 14754m2
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Property Details for 40 Prossors Lane, Red Hill

40 Prossors Lane, Red Hill is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2016. The property has a land size of 14754m2 and floor size of 442m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2016
Floor Size
442m2
Land Size
14754m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS502000

Last Listing description (November 2010)

Serene valley views
Offered for sale for the first time in over 100 years, this 3.6 acre property is a step back in time with a quaint four-bedroom farmhouse boasting pressed metal walls and ceilings, mature gardens and a majestic rural outlook.
Well maintained and featuring a huge deck for modern alfresco entertaining, the gorgeous timber home is the ideal country escape little more than an hour from the city yet far from the madding crowds of suburbia.

Set in a quiet country lane with enough room to keep ponies and lots of places to ride, the home has four bedrooms, a cosy lounge with an open fireplace, double doors to a sunny dining room, kitchen with electric stove, a study and bathroom, while outbuildings include a wash house, storage rooms, a carport and machinery shed.
Steeped in local history, experience rural serenity at its very best!

Property History for 40 Prossors Lane, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$11,250,000
26 Mar 2022
  • 26 Mar 2022
    Sold for $11,250,000
  • 21 Aug 2021
    Transferred
  • 30 Nov 2010
    Sold for $1,070,000
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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 626 properties. Over the last 5 years, Houses in Red Hill have seen a 45.60% increase in median value, while Units have seen a 1.19% increase. As at 31 August 2024:

  • The median value for Houses in Red Hill is $2,028,807 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, 14 properties were sold in the past 12 months in Red hill.

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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.