Property value increases in Red Hill have tracked just lower than the ACT average of 5.75% over the last 12 months.
A 8.93% growth in median value for property investors in Red Hill,2603 puts this suburb at number 38th in terms of best performing suburbs in ACT
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Red Hill, 2603. Typically our figures indicate that -9.39% is being offered, which puts this ACT suburb at 452th most discounted overall in Australia.
Red Hill is 72th on a list of best yielding suburbs for rents in ACT with a 3.31% return
At number 1642th in the list of Australian suburbs ordered by increase in median house value over the last year, Red Hill, 2603 is in the BOTTOM 10% with a property value increase of -14.89% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Red Hill has increased when compared to the 5 year average annual rate.
The ACT suburb of Red Hill, 2603 is in the Unincorporated ACT local government area.