22 Paringa RoadRed Hill South VIC 3937
Property Details for 22 Paringa Rd, Red Hill South
22 Paringa Rd, Red Hill South is a 8 bedroom, 2 bathroom House with 8 parking spaces and was built in 1975. The property has a land size of 74403m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2006.
Last Listing description (October 2006)
PS $1,900,000
Situated in one of Red Hills most sought after cul-de-sacs, you, your family, friends and guests will never grow tired with watching mother nature constantly changing the panoramic views over Westernport Bay that come exclusively with this pristine parcel of premium Mornington Peninsula real estate which has the very rare privilege of two residences which would make this acreage perfect for either a B & B, winery or a myriad of either commerical and/or private pursuits.
Comprises:
Residence 2 - The original farm house, timber construction, 3 bedrooms, 2 living areas and bathroom.
Refrigerated Coolrooms - Fully insulated, double concrete floor, 16ft ceilings, 3 phase power size: 1x 40x30 and
1x 30x20
Dams - 1x1M gallons and 1x500K gallons, pump shed with 400 volt power, pipeline to 5000 gallon concrete tank
Features: total acreage sloping northerly ideal for fruit growing, olives, grapes etc (approx 1 acre of 150 apple trees).
Location: Next to Paringa Estate Winery and restaurant and Duke Vineyard and moments to the popular Point Leo surf beach/foreshore, the highly acclaimed Red Hill market and a number of wineries and B&B's.
Bring your dreams and visions and turn them into reality!
Property History for 22 Paringa Rd, Red Hill South, VIC 3937
- 04 Oct 2006Sold for $1,500,000
- 12 Sep 2006Transferred
- 23 Jun 2006Listed for Sale Contact Agent
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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 460 properties. Over the last 5 years, Houses in Red Hill South have seen a 72.79% increase in median value, while Units have seen a -25.34% decrease. As at 31 July 2024:
- The median value for Houses in Red Hill South is $2,619,503 while the median value for Units is $1,443,349.
- Houses have a median rent of $672.
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