224 Point Leo Rd, Red Hill South is a 3 bedroom, 1 bathroom House. The property has a land size of 3612m2.
SOLTI A Very Special Place
Boasting uninterrupted views of Western Port Bay and Phillip Island, the purchase of this property gives you a unique opportunity to acquire an easily managed allotment of 3,594 square metres. The existing cottage is basic but liveable. Architect's plans and permits are available for the demolition of the cottage and the construction of a contemporary home with lap pool.
Additional feature - Spectacular Sea Views Rural Area Walk To Shops and Cafes.
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:
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