10 Paringa RoadRed Hill South VIC 3937
Property Details for 10 Paringa Rd, Red Hill South
10 Paringa Rd, Red Hill South is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 91264m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (August 2019)
Presented to market for the first time in nearly 80 years, this picturesque north-facing 22 acre (approx.) property with a 1950s single-level four bedroom family home is prestigiously located in the heart of Red Hills wine country within minutes of Point Leo Beach, Red Hill Village and The Epicurean.
Framing a beautiful vista of rolling countryside, the largely original home features stunning views from every room, living and dining room with split system heating/cooling and fireplace, separate kitchen with wood burning fireplace, mudroom, four bedrooms and two bathrooms. The blank canvas awaits your creative vision for a modern renovation or a luxury new home (STCA) befitting of the natural environment with ample land to pursue your hobby farm dreams. Potential exists to build in the far north-east corner above a Messmate forest to take advantage of the views through to Western Port and Phillip Island.
The property is well-appointed for a variety of uses with four major fenced paddocks, stock yards, spring fed 8 megalitre dam offering unlimited water and East Creek running through the property.
Property History for 10 Paringa Rd, Red Hill South, VIC 3937
- 26 Aug 2019Sold for $3,300,000
- 03 Jul 2019Listed for Sale Not Disclosed
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0About Red Hill South 3937
The size of Red Hill South is approximately 15.2 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Red Hill South in 2011 was 1,171 people. By 2016 the population was 614 showing a population decline of 47.6% in the area during that time. The predominant age group in Red Hill South is 50-59 years. Households in Red Hill South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill South work in a professional occupation. In 2011, 84.1% of the homes in Red Hill South were owner-occupied compared with 91.5% in 2016.
Red Hill South has 457 properties. Over the last 5 years, Houses in Red Hill South have seen a 40.77% increase in median value, while Units have seen a 182.74% increase. As at 31 October 2024:
- The median value for Houses in Red Hill South is $1,894,682 while the median value for Units is $1,933,949.
- Houses have a median rent of $672.
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