Red Hill, ACT 2603

Red Hill, ACT 2603

Compare Part of Unincorporated ACT

7.00 km
Distance from CBD
8 k
Population

Auction Times

Wed 5 Oct
 Auction Time Agency
5 Esperance Street
3 2 2 House
6:00 PM
Wed 5th Oct		 HIVE
Sat 8 Oct
 Auction Time Agency
55 Endeavour Street
4 4 2 House
11:00 AM
Sat 8th Oct		 Peter Blackshaw Manuka
Median Sale Price
House
$2.63M
Updated on Aug 2022
2 BR
-
3 BR
$1.85M
4 BR
$2.6M
Unit
$567K
Updated on Aug 2022
1 BR
-
2 BR
$524K
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$1,160,000
 0.0% $645,000 $2,600,000 40
2010
$1,000,000
 -16.0% $730,000 $7,300,000 41
2011
$1,200,000
 +16.7% $600,600 $2,530,000 36
2012
$1,200,000
 0.0% $295,000 $4,000,000 34
2013
$1,185,000
 -1.3% $681,000 $4,380,000 56
2014
$1,060,000
 -11.8% $750,000 $3,800,000 33
2015
$1,210,000
 +12.4% $700,000 $2,300,000 35
2016
$1,207,000
 -0.2% $457,500 $1,960,000 28
2017
$1,410,000
 +14.4% $890,000 $3,160,000 30
2018
$1,580,000
 +10.8% $1,005,000 $4,100,000 21
2019
$1,600,000
 +1.3% $1,000,000 $6,950,000 37
2020
$1,625,000
 +1.5% $1,110,000 $8,000,000 29
2021
$2,420,000
 +32.9% $1,350,000 $7,100,000 35
2022
$2,050,000
 -18.0% $1,325,000 $2,930,000 17
Median Sale Price
$2.57M
Based on 29 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+25.3%
Current Median Price: $2,565,000
Previous Median Price: $1,915,000
Based on 65 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$1,070
Updated on Aug 2022
2 BR
$640
3 BR
$830
4 BR
$1,145
Unit
$420
Updated on Aug 2022
1 BR
$365
2 BR
$425
3 BR
$950
4 BR
$1,200
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$850
 0.0% $530 $4,000 22
2012
$750
 -13.3% $350 $2,500 21
2013
$850
 +11.8% $300 $3,300 27
2014
$700
 -21.4% $410 $2,950 26
2015
$795
 +11.9% $580 $1,850 26
2016
$800
 +0.6% $300 $1,400 29
2017
$730
 -9.6% $550 $3,500 41
2018
$850
 +14.1% $315 $2,300 39
2019
$890
 +4.5% $320 $2,650 44
2020
$880
 -1.1% $400 $1,600 20
2021
$1,050
 +16.2% $685 $2,000 28
2022
$1,100
 +4.5% $640 $2,200 19
Median Rent Price
$1,100
per week
Based on 26 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+9.2%
Current Median Rent: $1,100
Previous Median Rent: $999
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $2,565,000
Current Median rent: $1,100
Based on 55 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)

Auction Results For Red Hill

Houses sold in Last 12 months ends 1 Oct 2022

$2.7M

Median Sale Price

83%

Clearance Rate

14/17

Sold/Reported

$4.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M
(Median Price Range)		 6
$1.8 M - $2 M 1
$1.6 M - $1.8 M 1
$1.2 M - $1.4 M 1

Schools closest to Red Hill, ACT 2603

School name Address Type Sector Distance
St Bede's Primary School 55 HICKS STREETRed Hill 2603 Primary Catholic 0.33 km
Red Hill Primary School ASTROLABE STREETRed Hill 2603 Primary Government 0.43 km
St Edmund's College 110 CANBERRA AVENUEGriffith 2603 Combined Independent 2.27 km
St Clare's CollegeTop 20 MCMILLAN CRESCENTGriffith 2603 Secondary Catholic 2.37 km