RED HILL

Positioned within the established sector of the market, Red Hill has evolved into a locality defined by its distinct property landscape. The suburb currently holds a median house price of $1.41m.

Lifestyle Profile

The streetscape of Red Hill is the quintessential picture of suburban stability. You will typically find larger block sizes, wide driveways, and a mix of renovated mid-century homes alongside modern builds.

It is a neighborhood where connectivity matters. The vibe is friendly and grounded, with a strong culture of neighbors knowing each other—a throwback to traditional suburban values.

Lifestyle amenities are practical and abundant. The suburb is typically anchored by a major shopping center or high street that covers all daily needs, from supermarkets to medical centers.

The Demographic Profile

Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. With a price-to-income ratio significantly above the state average, ownership in Red Hill often involves significant equity recycling from previous properties. This suggests a resident base with high asset wealth rather than just high income.

Education & Catchments

School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Red Hill Consolidated School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.

Market Outlook

Historical capital growth data for Red Hill is currently under review, but local demand remains a key indicator to watch.

Quick FAQ about Red Hill:

• Is Red Hill expensive? With a median price of $1.41m, it is considered a established market, often attracting buyers seeking classic living standards.
• What are the schools like? The catchment for Red Hill Consolidated School is a major driver of local demand.