Property investors who have had real estate in Red Hill, 2603 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.83%
Taking the average capital gain, or increase in median house value, Red Hill,2603 has racked up an average of -0.83% over the period. This ranks it number 2200th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Red Hill 2603 should be seeing an average reduction in asking price of around -9.39% . This means that Red Hill is holding prices well when compared to other suburbs in ACT.
Property investors should expect to get $750 weekly from the median priced house in this suburb.
Investment property in Red Hill has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -29.52%
Situated 7.02km from the CBD, Red Hill is one of Unincorporated ACT localities in the postcode 2603.