OFF MARKET

41 Paringa Road
Red Hill South VIC 3937

Bedrooms: 7
Bathrooms: 4
Car spaces: -
Floor area: 307m2
Land area: 39650m2
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Property Details for 41 Paringa Rd, Red Hill South

41 Paringa Rd, Red Hill South is a 7 bedroom, 4 bathroom House and was built in 1980. The property has a land size of 39650m2 and floor size of 307m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Year Built
1980
Floor Size
307m2
Land Size
39650m2
Local Government
Mornington Peninsula
Lot/Plan
13/LP138730

Last Listing description (May 2017)

In the heart of Red Hill's wine country, this 10 acre (approx.) property combines exceptional amenity with glorious views to Western Port Bay beautifully positioned within minutes of Point Leo Beach and walking distance to Red Hill Village and Epicurean Centre.
Situated to maximise exposure to the panoramic outlook, the solidly-built seven bedroom, four bathroom single-level 1980s residence offers substantial accommodation for extended families or as an Airbnb with all the trimmings for holiday enjoyment. The property features a solar heated in ground swimming pool to a floodlit north-south tennis court and 5 acres (approx.) cultivated with organic grape vines (leased to wine maker with rental income, maintenance arrangements and separate entrance).
At the core of the home is a voluminous open-plan living and dining zone set beneath raked ceilings that takes in the views across the great lawn, organic vines and the countryside through to the water. A huge fireplace, which is at the heart of any country home, adds a lovely winter ambience, alongside a bar for entertaining and a seamless flow to the surrounding terraces with an integrated barbecue and poolside entertaining gazebo. Additionally, there's a spacious original kitchen and separate sitting room.

The seven bedroom, four bathroom accommodation has the capacity to sleep 18 people with robes in all the bedrooms and two with en suites. Internal appointments include split-system air conditioning, floor heating, five toilets and Foxtel connection, while the property features bore water, underground water tank, large 140sqm machinery shed with concrete floor, power and water on a separate grid, garden shed, two entrances, full boundary fencing, and irrigated organic grape vines.
Lose yourself in the scenic grounds with the silence broken only by the sounds of nature as you wander through the organic vineyard or gardens with stands of established trees; while the kids run freely between the swimming pool and tennis court.
This fine property located in Paringa Road is now waiting for the next chapter of it story to unfold. With the region's best wineries, surf beaches, farm gates, golf courses, restaurants and surrounding hinterland townships to explore, enjoy memorable family holidays or make this your permanent country escape.

Property History for 41 Paringa Rd, Red Hill South, VIC 3937

A timeline of how this property has performed in the market
Last Sold
$3,200,000
30 Apr 2017
  • 30 Apr 2017
    Sold for $3,200,000
  • 04 Apr 2017
    Listed for Sale In excess of $2,800,000
  • 11 Nov 1981
    Sold for $72,000

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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 458 properties. Over the last 5 years, Houses in Red Hill South have seen a 44.21% increase in median value, while Units have seen a 149.47% increase. As at 30 September 2024:

  • The median value for Houses in Red Hill South is $3,199,649 while the median value for Units is $1,353,012.
  • Houses have a median rent of $672.
There are currently 2 properties listed for sale, and no properties listed for rent in Red hill south on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Red hill south.

Suburb Insights for Red Hill South 3937

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.