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Suburb Insights ยท VIC 3937

Red Hill South 3937, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Red Hill South is a coastal suburb in Victoria, Australia, with a population of approximately 708, making it a boutique locality. Located approximately 64 km from the Melbourne CBD, Red Hill South is a coastal area in Victoria. The median household income is $117,572 AUD per year (ABS 2021 Census).

Investment Score

60 / 100 Moderate

Red Hill South benefits from a high-income resident base, supporting premium property pricing. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Red Hill South, Victoria, Australia.

Key Indicators

Postcode
3937

Official Australia Post postcode for Red Hill South. A postcode may cover multiple suburbs.

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Population
708

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$500/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$117,572/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
64 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
69% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Red Hill South, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,300/month. A median household income of $117,572/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Holding property in Red Hill South over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Red Hill South's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Limited buyer depth in Red Hill South makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Red Hill South property

Full Property Analysis

30-year projections for Red Hill South

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Red Hill South should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Red Hill South have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Red Hill South is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Red Hill South a good suburb for investment?

Red Hill South is a coastal area in Victoria with a population of 708. The median rent is $500/week and the median household income is $117,572/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Red Hill South?

Key demand drivers in Red Hill South include lifestyle appeal and proximity to the coast. 69% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Red Hill South?

According to the ABS 2021 Census, Red Hill South has a population of approximately 708. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Red Hill South from the Melbourne CBD?

Red Hill South is approximately 64 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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