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Profiles
Nearby Suburbs
Real Estate Market: Is Red Hills TAS 7304 a Good Suburb to Buy Into?
Housing Market in Red Hills
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $473 | Bottom 14% |
|
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| Premium | Premium | Premium |
Housing Supply in Red Hills
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Red Hills
46.0%
Red Hills
46.0%
Launceston and North East Tas
37.5%
Launceston and North East Tas
37.5%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 2.2 | Bottom 49% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 24% | Data for Mar 2025 |
Housing Stock Quality in Red Hills
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 3.0 | Top 12% |
|
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Red Hills
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Red Hills
19.8%
Red Hills
19.8%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend |
|---|
Risk in Red Hills
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Red Hills
45.9%
Red Hills
45.9%
Launceston and North East Tas
52.3%
Launceston and North East Tas
52.3%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 100.0% | Top 11% | Data for May 2023 | ||
| 0.0% | Bottom 11% | Data for May 2023 | ||
| 35 | Top 40% | Data for Jun 2023 | ||
| $1,470 | Bottom 26% |
|
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| 77 | Bottom 40% | Data for Jun 2023 | ||
| 71 | Bottom 25% | Data for Jun 2023 | ||
| 16.8% | Bottom 25% |
|
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| 49.8% | Top 22% |
|
Housing Demand in Red Hills
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Red Hills
39.3%
Red Hills
39.3%
Launceston and North East Tas
54.8%
Launceston and North East Tas
54.8%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 25200 | Bottom 12% |
|
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| Premium | Premium | Premium | ||
| 19900 | Top 42% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Red Hills
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 101.0% | Top 15% |
|
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Meander Valley |
Percent of Renters by Street (5)
| Percent of Renters | Street |
|---|---|
| 20.8% | Mole Creek Rd |
| 0.0% | Coxs Rd |
| 0.0% | Bengeo Rd |
| 0.0% | Lemana Rd |
| 0.0% | Montana Rd |
Turnover Rate by Street (5)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 100.0% | Montana Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 100.0% | Bengeo Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 60.0% | Coxs Rd | quite tightly held | Every 16.7 years (quite tightly held) | 2025 |
| 57.1% | Mole Creek Rd | quite tightly held | Every 17.5 years (quite tightly held) | 2025 |
| 100.0% | Lemana Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
Recently Sold Houses (10)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 69 Lemana Rd | $565,000 | 3.0 | 1.0 | 2.0 | 25 Sep 2024 | 0 | On Market |
| 485 Mole Creek Rd | Price Withheld | 3.0 | 2.0 | 1.0 | 15 Mar 2022 | 0 | On Market |
| 485 Mole Creek Rd | Price Withheld | 3.0 | 2.0 | 1.0 | 15 Mar 2022 | 0 | On Market |
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | 0 | On Market |
| 544 Mole Creek Rd | Price Withheld | 14 Jan 2021 | 0 | On Market |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 384 Mole Creek Rd | Price Withheld | 3 | 2 | 6 | 24 Jun 2020 | 0 |
| 384 Mole Creek Rd | Price Withheld | 3 | 2 | 6 | 24 Jun 2020 | 0 |
| 384 Mole Creek Rd | Price Withheld | 3 | 2 | 6 | 24 Jun 2020 | 0 |
| 384 Mole Creek Rd | Price Withheld | 3 | 2 | 6 | 24 Jun 2020 | 0 |
| 384 Mole Creek Rd | Price Withheld | 3 | 2 | 6 | 24 Jun 2020 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | On Market |
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | On Market |
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | On Market |
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | On Market |
| 46 Montana Rd | Price Withheld | 5.0 | 3.0 | 4.0 | 13 Apr 2021 | On Market |
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