OFF MARKET

40 Red Hill Road
Red Hill VIC 3937

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 285m2
Land area: 1051m2
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Property Details for 40 Red Hill Rd, Red Hill

40 Red Hill Rd, Red Hill is a 3 bedroom, 2 bathroom House and was built in 2024. The property has a land size of 1051m2 and floor size of 285m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
2024
Floor Size
285m2
Land Size
1051m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP216235

Last Listing description (April 2023)

With rear lane access and views across the trail reserve, this large block of 1052sqm is ready to build your dream property.

All the hard work has been done with plans and permits in place for a stunning home well positioned on the land in this very pretty setting; or change the plans to suit your dream (STCA)

At a quarter of an acre, there is room for fruit trees, vegetable patches, chickens, and a pool - all within walking distance of Red Hill village, the Red Hill-Merricks walking riding trail and local cafes and restaurants.

From rolling countryside to surf and swimming beaches, the Peninsula hinterland is home to cool climate wineries, restaurants, cafes, galleries, Red Hill brewery, mazes, the panoramic Arthurs Seat chairlift, farm gates, golf courses, national parks and more.

Ten minutes to the beach and only an hour to Melbourne, it is the perfect country escape.

Property History for 40 Red Hill Rd, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$800,000
15 Mar 2023
  • 15 Mar 2023
    Sold for $800,000
  • 14 Nov 2022
    Listed for Sale Under Contract
  • 23 Sep 2016
    Sold for $360,000
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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.
There are currently 6 properties listed for sale, and 1 property listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 13 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.