Suburb Profile Report for Red Hill VIC (3937)

Red Hill House: Median price $882,500, Annual capital growth 10.70%, Number of sales 10, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Comparing Red Hill,3937 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The VIC suburb of Red Hill, 3937 is in the Mornington Peninsula (S) local government area.

Metrics i HOUSE UNIT
$882,500 N/A
2.62% N/A
N/A N/A
10.70% N/A
$600 N/A
10 N/A
3.54% N/A
N/A N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 734
Median household income ($/weekly) 1562
Median age of persons 45
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 96 13.1
    35-44 years 102 13.9
    45-54 years 123 16.8
    55-64 years 137 18.7
    65-74 years 75 10.2
    Others 199 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 292 60.8
    Not Married 136 28.3
    Defacto Relationship 52 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 614 88.1
    New Zealand 6 0.9
    Papua New Guinea 11 1.6
    United Kingdom 39 5.6
    Other 7 1.0
    Others 20 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 324 52.9
    No Religion 275 44.9
    Buddhism 9 1.5
    Judaism 4 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 16 7.7
    $1,250-$1,499 21 10.1
    $1,500-$1,999 29 13.9
    $2,000-$2,499 27 13.0
    $2,500-$2,999 21 10.1
    Others 94 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 221 38.8
    Employed, worked full-time 182 31.9
    Employed, worked part-time 137 24.0
    Employed, away from work 25 4.4
    Unemployed, looking for work 5 0.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 81 23.6
    Professionals 88 25.7
    Technicians & trades workers 60 17.5
    Community & personal service workers 33 9.6
    Clerical & administrative workers 25 7.3
    Others 56 16.3
    Occupation
    Census Count Percent(%)
    Pre-school 16 8.9
    Infants/Primary 62 34.4
    Secondary 55 30.6
    Technical or Further Educational Institution 18 10.0
    University or other Tertiary Institutions 26 14.4
    Others 3 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 618 99.5
    House or flat attached to a shop, office 3 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 110 48.0
    Being purchased 83 36.2
    Rented 32 14.0
    Other tenure type 4 1.7
    Tenure Type
Census 2011, ABS
Chart Table