Red Hill

Red Hill, VIC 3937 is a charming suburb with a population of 1009 residents. The area has a mix of age groups, with a significant number of residents aged between 5 to 64 years. The suburb offers a high level of educational advantage for students attending government schools, with an ICSEA percentile of 80.0. Work from home is popular among residents with 182 individuals utilizing this option for commuting. The median household income is $2,344 per week, with a median mortgage repayment of $2167 per month. For property investors interested in houses in Red Hill, the suburb has shown resilience in property prices over the years. With a sale price IQR ratio of 32.8%, Red Hill may appeal to renovators looking for properties with potential value-add opportunities. The suburb's low vacancy rate of 1.3% indicates a strong demand for housing. Additionally, the high online search interest suggests a keen buyer demand for the area. Red Hill, VIC 3937 presents a peaceful living environment with good educational opportunities and a high median household income. The area provides a mix of age demographics, offering a sense of community diversity. For property investors considering houses, Red Hill shows promise for potential renovation projects and long-term growth potential, given its low vacancy rate and strong buyer interest in the market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022