Red Hill Suburb Statistics – check out how your suburb faired in May 2016
When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data.
I am delighted to be able to provide you with the information for Red Hill, Victoria and you may not be surprised to see that it is a very tightly held location!
You can download the full report Red Hill_suburb_statistics_report or just read through the summary below.
According to RP Data reports, Red Hill Victoria has had an overall increase in the Median Sale Price in May 2016 compared to May 2015, it is also some $1293,000 above the same time in 2014.
When compared to the Mornington Peninsula as a whole, Red Hill is $146,000 above the Peninsula for the Median House Sales in May 2016 and $61,000 below the Mornington Peninsula for Unit sales.
Land Sales in Red Hill are $460,000 lower than the Median Land Sales Prices for the Mornington Peninsula.
The Total number of house sales in Red Hill so far has been 8.
The Total number of unit sales in Red Hill so far has been 0.
The Total number of land sales in Red Hill so far has been 0.
If you would like more information regarding your particular home, unit or land, then contact me anytime on 0419 503 327 or via email to [email protected]