Red Hill remains one of the most tightly held hinterland pockets on the Peninsula, with just 11 sales this year, down 56.0 per cent, and days on market stretching to 83, up 59.6 per cent. The median sits at $1,555,000, easing slightly as buyers take their time weighing up genuinely limited stock.
That patience reflects the wider mood right now, buyers are cautiously optimistic but very value driven, wanting confidence in a structurally sound, well-maintained home even if it doesn't need to be fully renovated. Views, acreage and the hinterland lifestyle remain what draws buyers to this pocket specifically.
With demand for the right home strong but supply weak across the Peninsula, and sellers increasingly appreciating a longer preview campaign to test genuine interest before going to market publicly, Red Hill rewards exactly that kind of considered approach.
Median sale price for houses in Red Hill is $1,555,000, down 4.0% from last year.
Properties sold for houses in Red Hill is 11, down 56.0% from last year.
Av days on market for houses in Red Hill is 83, up 59.6% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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