142 Point Leo RoadRed Hill South VIC 3937
Property Details for 142 Point Leo Rd, Red Hill South
Last Listing description (August 2023)
Presenting an exceptional opportunity for a visionary purchaser, this 10 acre (approx) property occupies a highly revered position just minutes from stunning Point Leo Beach, Red Hill Village and landmark wineries. With the current dwelling requiring demolition yet offering an all important footprint, the opportunity exists to create a dream retreat (STCA) in this captivating coastal hinterland. Offering an inspiring blend of cleared land and natural bush where bird and wildlife abounds, explore the genuine potential to expose verdant rural and sparkling water views across Western Port to Phillip Island and beyond. Surrounded by prestige properties, this thought provoking acreage represents limitless future scope and embodies the ?coast meets country? lifestyle, only a short commute to Melbourne.
Property History for 142 Point Leo Rd, Red Hill South, VIC 3937
- 22 Aug 2023Listed for Sale Not Disclosed
- 06 Mar 2021Sold for $2,300,000
- 13 Nov 2020Listed for Sale Contact Agent
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About 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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