Redbank Suburb Profile

Victoria 3477

Redbank has 174 properties. Over the last 5 years, Houses in Redbank have seen a 42.65% increase in median value. As at 30 November 2024:

• The median value for Houses in Redbank is $353,967.

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..