OFF MARKET

55 Arkwells Lane
Red Hill VIC 3937

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40229m2
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Property Details for 55 Arkwells Lane, Red Hill

Building Type
Rural
Land Size
40229m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP129129

Property History for 55 Arkwells Lane, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Last Transferred
14 Apr 2015
  • 14 Apr 2015
    Transferred
  • 12 Apr 2010
    Sold for $900,000
  • 13 Aug 1982
    Sold for $30,000

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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.