Red Hill Suburb Profile

Victoria 3937

Red Hill has 626 properties. Over the last 5 years, Houses in Red Hill have seen a 39.72% increase in median value, while Units have seen a 1.19% increase. As at 31 May 2024:

• The median value for Houses in Red Hill is $2,288,791 while the median value for Units is $1,402,645.
• Houses have a median rent of $790.

The size of Red Hill is approximately 23.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016.