Escape from the city and soak up the fresh air, bay views and country tranquility in this inviting three bedroom residence located in a quiet yet highly accessible area of Red Hill. Set on a fully-fenced and easily managed 2 acres, approx., the property is the perfect weekend retreat or relaxing permanent residence with scope for a straightforward renovation if desired.
The residence enjoys a picturesque snapshot of Dromana Bay and Arthurs Seat and highlights the excellent views that could be captured by rebuilding a two storey home, STCA.
Currently the home features an open plan living and dining room with timber floorboards extending to a broad balcony with views across the property to the Bay. A reverse-cycle air conditioner is complemented by a wood combustion fireplace for cosy winter nights. There's a separate kitchen and three bedrooms with built-in robes share a bathroom with a separate toilet.
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:
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