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Sold on 02 Sep 2024 - Price Unavailable

7 Paringa Road
Red Hill South VIC 3937

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 309m2
Land area: 4982m2
Sold By
Abercrombys
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Property Details for 7 Paringa Rd, Red Hill South

7 Paringa Rd, Red Hill South is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 4982m2 and floor size of 309m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Red Hill South in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
309m2
Land Size
4982m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS548724

Last Listing description (October 2024)

Situated on a stunning landscaped allotment of approx. 4974 sqm, this outstanding single storey contemporary style residence offers a most desirable lifestyle combined with seclusion and privacy.

The residence, which had a full renovation and extension in 2010 by Architect Joan Taylor, features excellent accommodation with two living zones ideally suited to adult or combined family living, each with open fireplaces, wide decking providing views over the established grounds and to the seascape, 5 generous bedrooms and 3 bathrooms, study/gym, informal family living, separate dining room and gourmet kitchen, a superb cellar and triple garage.


Set in this exclusive location in the heart of the Mornington Peninsula wine growing region and only minutes from Red Hill?s gourmet shops and restaurants, Pt Leo beach, Pt Leo Estate, Merricks General Store, orchards and a multitude of attractions, the location is sure to impress.

Features include:

* Immaculate, championship-sized mod grass tennis court
* Beautiful water views
* Modern Miele kitchen
* Remote control blinds
* Self-contained Miele kitchenette in second living zone
* Soaring 4m ceilings
* Full reverse cycle three phase heating/cooling
* Double glazed windows
* Fully irrigated grounds with abundant water storage and bore water
* Rooftop solar system with integrated hybrid inverter and optional battery system
* Woodshed and outdoor shower
* Full home automation by Control 4 with multiple integrated zones and remote access
* Keypad entry
* Five zone audio system inside and out
* Established gardens designed by Vison Gardens
* Automatic gates

Available on a walk in/walk out basis and all within an easy stroll to the highly regarded Paringa Estate restaurant and winery and only one hour from Melbourne, this is an exceptional opportunity and will sure delight.

Inspect as advertised or by appointment.

Property History for 7 Paringa Rd, Red Hill South, VIC 3937

A timeline of how this property has performed in the market
Last Sold
02 Sep 2024
  • 02 Sep 2024
    Sold
  • 25 Jul 2024
    Listed for Sale Not Disclosed
  • 03 Jul 2020
    Sold for $4,400,000
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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 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.
There are currently 1 property 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.