Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
8 k
Population
Median Sale Price
House
$1.6M
Updated on Dec 2020
2 BR - | 3 BR $1.19M | 4 BR $1.4M |
Unit
$710K
Updated on Dec 2020
1 BR $290K | 2 BR $550K | 3 BR $1.15M |
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 | $1,000,000 | -6.0% | $730,000 | $7,300,000 | 41 |
| 2011 | $1,200,000 | +16.7% | $600,600 | $1,950,000 | 36 |
| 2012 | $1,163,000 | -3.2% | $295,000 | $4,000,000 | 34 |
| 2013 | $1,164,000 | +0.1% | $681,000 | $4,380,000 | 56 |
| 2014 | $1,060,000 | -9.8% | $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 | $1,505,000 | -5.0% | $1,000,000 | $5,850,000 | 34 |
| 2020 | $1,625,000 | +7.4% | $1,110,000 | $8,000,000 | 29 |
| 2021 | - | - | - | - | - |
Median Sale Price
$1.63M
Based on 29 recorded sales within the last 12 months
Updated on 22 Jan 2021
Suburb Growth
+7.4%
Current Median Price: $1,625,000
Previous Median Price: $1,505,000
Based on 63 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$890
Updated on Dec 2020
2 BR $400 | 3 BR $695 | 4 BR $900 |
Unit
$380
Updated on Dec 2020
1 BR $330 | 2 BR $410 | 3 BR $675 | 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 | $720 | -11.1% | $550 | $3,500 | 41 |
| 2018 | $830 | +13.3% | $315 | $2,300 | 39 |
| 2019 | $890 | +6.7% | $320 | $2,650 | 44 |
| 2020 | $845 | -5.3% | $400 | $1,600 | 19 |
| 2021 | - | - | - | - | - |
Median Rent Price
$845
per week
Based on 18 recorded rent within the last 12 months
Updated on 22 Jan 2021
Rent Price Growth
-3.6%
Current Median Rent: $845
Previous Median Rent: $875
Based on 61 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,625,000
Current Median rent: $845
Based on 47 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Red Hill
Houses sold in Last 12 months ends 16 Jan 2021
$1.4M
Median Sale Price
66%
Clearance Rate
15/23
Sold/Reported
$3.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 4 | |
| $1 M - $1.2 M | 1 | |
| $400 K - $600 K | 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 |