Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra 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 |