Red Lion Suburb ProfileVictoria 3371
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Red Lion has 120 properties. Over the last 5 years, Houses in Red Lion have seen a 81.38% increase in median value, while Units have seen a -22.61% decrease. As at 31 August 2024:
- The median value for Houses in Red Lion is $521,263 while the median value for Units is $312,131.
The size of Red Lion is approximately 31.6 square kilometres. It has 3 parks covering nearly 11.5% of total area. The population of Red Lion in 2011 was 483 people. By 2016 the population was 128 showing a population decline of 73.5% in the area during that time. The predominant age group in Red Lion is 50-59 years. Households in Red Lion are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Red Lion work in a community and personal service occupation. In 2011, 83.9% of the homes in Red Lion were owner-occupied compared with 100% in 2016..
Market Insights
Red Lion Trends for Houses
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Red Lion Trends for Units
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Neighbourhood Insights
Age
Population 128
0-9
5%
10-19
12%
20-29
7%
30-39
12%
40-49
15%
50-59
24%
60-69
24%
70-79
6%
80-89
3%
Household Structure
Occupancy
Recent Sales in RED LION 3371
Properties for sale in RED LION 3371
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Last Updated: 16/09/2024
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