Red Hill, ACT 2603
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
8 k
Population
Auction Times
Thu 21 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 2 Arnhem Place 4 3 2 House | 5:30 PM Thu 21st Nov | Peter Blackshaw Manuka |
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 94 Monaro Crescent 3 1 1 Duplex-semi-detached | 12:00 PM Sat 23rd Nov | LJ Hooker |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $2,041,000 | -22.5% | $780,000 | $3,425,000 | 31 |
Median Sale Price
$2.26M
Based on 34 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+1.5%
Current Median Price: $2,260,000
Previous Median Price: $2,225,000
Based on 63 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $890 | -18.0% | $420 | $2,000 | 43 |
| 2024 | $1,000 | +11.0% | $680 | $4,000 | 27 |
Median Rent Price
$990
per week
Based on 31 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+4.0%
Current Median Rent: $990
Previous Median Rent: $950
Based on 82 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $2,260,000
Current Median rent: $990
Based on 65 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Red Hill
Houses sold in Last 12 months ends 16 Nov 2024
$2.61M
Median Sale Price
32%
Clearance Rate
7/22
Sold/Reported
$2.62M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 3 | |
| $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 |