Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
8 k
Population
Auction Times
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 39 Esperance Street 4 2 2 House | 11:30 AM Sat 29th Feb | LJ Hooker |
 | 28 Beagle Street 4 3 1 House | 1:30 PM Sat 29th Feb | Peter Blackshaw Manuka |
Median Sale Price
House
$1.6M
Updated on Jan 2020
2 BR - | 3 BR $1.34M | 4 BR $1.48M |
Unit
$365K
Updated on Jan 2020
1 BR - | 2 BR $417K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,060,000 | 0.0% | $600,200 | $2,600,000 | 40 |
| 2010 | $935,000 | -13.4% | $730,000 | $7,300,000 | 41 |
| 2011 | $1,180,000 | +20.8% | $600,600 | $1,950,000 | 36 |
| 2012 | $1,163,000 | -1.5% | $295,000 | $4,000,000 | 34 |
| 2013 | $1,160,000 | -0.3% | $650,000 | $4,380,000 | 56 |
| 2014 | $1,060,000 | -9.4% | $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 | $1,400,000 | -12.9% | $1,000,000 | $12,810,000 | 33 |
| 2020 | $2,500,000 | +44.0% | $2,500,000 | $2,500,000 | 2 |
Median Sale Price
$1.6M
Based on 33 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
+4.7%
Current Median Price: $1,600,000
Previous Median Price: $1,525,000
Based on 56 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$820
Updated on Jan 2020
2 BR $375 | 3 BR $645 | 4 BR $820 |
Unit
$393
Updated on Jan 2020
1 BR $330 | 2 BR $395 | 3 BR $625 | 4 BR $840 |
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 | $770 | +9.1% | $580 | $1,850 | 26 |
| 2016 | $800 | +3.8% | $300 | $1,400 | 29 |
| 2017 | $720 | -11.1% | $550 | $3,500 | 41 |
| 2018 | $830 | +13.3% | $315 | $2,300 | 39 |
| 2019 | $850 | +2.4% | $320 | $2,650 | 42 |
| 2020 | $1,250 | +32.0% | $1,250 | $1,250 | 1 |
Median Rent Price
$830
per week
Based on 35 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
-3.6%
Current Median Rent: $830
Previous Median Rent: $860
Based on 76 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,600,000
Current Median rent: $830
Based on 68 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Red Hill
Houses sold in Last 12 months ends 22 Feb 2020
$1.36M
Median Sale Price
73%
Clearance Rate
27/37
Sold/Reported
$2.52M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 7 | |
| $1 M - $1.2 M | 5 | |
Similar Suburbs to Red Hill 2603
Based on median house sale price sold in last 12 months
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 |