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Investment Property Red Hill, ACT, 2603

Suburb Snapshot

Red Hill is a suburb in the ACT Region of Australian Capital Territory. Red Hill has a population of 3,176 people and 26.05% of its occupants live in rental accommodation. The median listing price for houses is $2,100,000 and this has changed 5.00% over the past year and changed -8.66% over 2 years.

The median rent in Red Hill for houses is $1,050 per week and the median rental yield is 2.60%. Stock on the market for houses/townhouses has changed 28.57% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $1,232,500 and this has changed 17.94% over the past year. The average unit takes NA days to sell and the median rent for a unit in Red Hill is $580 per week, producing a rental yield of 2.44%.

Supply & Demand in Red Hill, ACT

0.87%

Current vacancy rate


14

Rental stock available


3,176

Population


26.05%

Rental population


1.03%

Current vacancy rate


2,044

Rental stock available


396,856

Population


28.56%

Rental population


1.03%

Current vacancy rate


2,044

Rental stock available


397,403

Population


28.56%

Rental population


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Statistical data for Red Hill, ACT

  House Townhouses Units
Median listing price $2,100,000 NA $1,232,500
Median price change - last quarter 5.00% NA -3.34%
Median price change - 1 year 5.00% NA 17.94%
Median price change - 2 years -8.66% NA NA
  House Townhouses Units
Median weekly rent $1,050 $1,115 $580
Median yield % 2.60% NA 2.44%
Median rent change - 1 year 8.24% 11.50% -23.69%
  House Units
Previous month sales 5 1
Stock on market previous month 27 6
Stock variance vs. last year 28.57% 100.00%
Average days on market NA NA

Red Hill investment property listings

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