Remnants of gold mining - diggings and shafts - are scattered around this area which is now populated, in the main, by sheep. This parcel of land comprising approximately 17 acres has been cleared in parts and the remains of an old dwelling are still on site. The rural outlook is attractive and there is a dam. It would make an ideal weekend go-to (all building STCA) and is zoned farming (FZ). Redbank is approx 25km 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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