Stony Crossing Road (also known as Racecourse Road) is an open area with 11 acres ( CA22E and CA23E) fenced and cleared with shade trees plus seasonal watering hole, whilst the remainding 9 acres CA3 (opposite side of the road) are uncleared with little or no fencing. CA22E and 23E combine in a very presentable parcel of land with gentle undulation and would support horses.
The property has been family owned for around 100 years. The old cross-country, Redbank race course is further down the road.
Redbank is 25k from Avoca.
The size of Redbank is approximately 136.1 square kilometres. It has 3 parks covering nearly 109% of total area. The population of Redbank in 2011 was 413 people. By 2016 the population was 88 showing a population decline of 78.7% in the area during that time. The predominant age group in Redbank is 70-79 years. Households in Redbank are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Redbank work in a managers occupation. In 2011, 86.5% of the homes in Redbank were owner-occupied compared with 87.3% in 2016..
Redbank has 171 properties. Over the last 5 years, Houses in Redbank have seen a 42.48% increase in median value. As at 31 August 2024:
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