Red Hill, ACT 2603

Red Hill, ACT 2603

Compare Part of Unincorporated ACT

7.00 km
Distance from CBD
8 k
Population

Auction Times

Sat 3 Oct
Auction Time Agency
83 Mugga Way
3 4 2 House
9:30 AM
Sat 3rd Oct
Ray White
Median Sale Price
House
$1.58M
Updated on Aug 2020
2 BR
-
3 BR
$1.31M
4 BR
$1.35M
Unit
$365K
Updated on Aug 2020
1 BR
-
2 BR
$355K
3 BR
$1M
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
$1,180,000
+15.3% $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
$1,505,000
-5.0% $1,000,000 $3,125,000 34
2020
$2,500,000
+39.8% $1,110,000 $8,000,000 14
Median Sale Price
$1.6M
Based on 27 recorded sales within the last 12 months
Updated on 26 Sep 2020
Suburb Growth
+12.5%
Current Median Price: $1,600,000
Previous Median Price: $1,400,000
Based on 55 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$870
Updated on Aug 2020
2 BR
$548
3 BR
$695
4 BR
$885
Unit
$380
Updated on Aug 2020
1 BR
$330
2 BR
$400
3 BR
$590
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
$800
-11.3% $400 $1,400 11
Median Rent Price
$830
per week
Based on 19 recorded rent within the last 12 months
Updated on 26 Sep 2020
Rent Price Growth
-5.4%
Current Median Rent: $830
Previous Median Rent: $875
Based on 64 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 46 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Red Hill

Houses sold in Last 12 months ends 19 Sep 2020

$1.33M

Median Sale Price

69%

Clearance Rate

15/22

Sold/Reported

$3.15M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 2
$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 2

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