Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
8 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,210,000 | 0.0% | $645,000 | $2,820,000 | 40 |
| 2010 | $1,000,000 | -21.0% | $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 | $2,525,000 | +35.6% | $1,350,000 | $7,100,000 | 35 |
| 2022 | $2,650,000 | +4.7% | $1,325,000 | $5,900,000 | 28 |
| 2023 | $2,500,000 | -6.0% | $1,445,000 | $8,000,000 | 29 |
| 2024 | $2,100,000 | -19.0% | $780,000 | $4,150,000 | 34 |
Median Sale Price
$2.1M
Based on 34 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-19.0%
Current Median Price: $2,100,000
Previous Median Price: $2,500,000
Based on 63 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
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 | $895 | -17.3% | $420 | $2,000 | 44 |
| 2024 | $990 | +9.6% | $660 | $4,000 | 30 |
Median Rent Price
$990
per week
Based on 30 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+9.6%
Current Median Rent: $990
Previous Median Rent: $895
Based on 75 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $2,100,000
Current Median rent: $990
Based on 64 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Red Hill
Houses sold in Last 12 months ends 21 Dec 2024
$2.06M
Median Sale Price
34%
Clearance Rate
7/21
Sold/Reported
$2.62M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 2 | |
| $1.6 M - $1.8 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 |