Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
8 k
Population
Auction Times
Sat 4 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 13 Beagle Street 5 2 2 House | 2:00 PM Sat 4th Feb | Belle Property Kingston |
Sun 12 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 10 Scarborough Street 5 3 2 House | 12:00 PM Sun 12th Feb | Peter Blackshaw Manuka |
Thu 16 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 218 La Perouse Street 4 1 2 House | 6:00 PM Thu 16th Feb | HIVE |
Median Sale Price
House
-
Updated on Dec 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2022
1 BR - | 2 BR - | 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 | $2,820,000 | 40 |
| 2010 | $1,000,000 | -16.0% | $730,000 | $7,300,000 | 41 |
| 2011 | $1,200,000 | +16.7% | $600,600 | $2,600,000 | 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 | $2,565,000 | +36.6% | $1,350,000 | $7,100,000 | 35 |
| 2022 | $2,547,500 | -0.7% | $1,325,000 | $4,650,000 | 28 |
| 2023 | - | - | - | - | - |
Median Sale Price
$2.55M
Based on 28 recorded sales within the last 12 months
Updated on 3 Feb 2023
Suburb Growth
-0.7%
Current Median Price: $2,547,500
Previous Median Price: $2,565,000
Based on 63 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2023)
Price Range Segments (12 months ending Jan 2023)
Median Weekly Rent Price
House
-
Updated on Dec 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2022
1 BR - | 2 BR - | 3 BR - |
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 | $1,050 | 0.0% | $550 | $2,850 | 38 |
| 2023 | - | - | - | - | - |
Median Rent Price
$1,020
per week
Based on 35 recorded rent within the last 12 months
Updated on 3 Feb 2023
Rent Price Growth
-2.9%
Current Median Rent: $1,020
Previous Median Rent: $1,050
Based on 64 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $2,547,500
Current Median rent: $1,020
Based on 63 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2023)
Auction Results For Red Hill
Houses sold in Last 12 months ends 28 Jan 2023
$2.65M
Median Sale Price
69%
Clearance Rate
11/16
Sold/Reported
$5.8M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 4 | |
| $2 M - $3 M (Median Price Range) | 3 | |
| $1.6 M - $1.8 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
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 |