Back

All About Red Lion, Central Goldfields, VIC, 3371

Red Lion, located in the Central Goldfields of Victoria, offers a housing market that is appealing primarily for its affordability and tranquil country lifestyle. Properties in Red Lion are typically more budget-friendly compared to metropolitan areas, making it an attractive option for first-time homebuyers, retirees, and families seeking more space without breaking the bank. The housing stock is diverse, ranging from charming period homes to more modern constructions, providing plenty of options for various tastes and needs. The market here, like many rural communities, tends to be stable, with gradual growth reflecting the steady demand for lifestyle properties as more people seek to escape the bustle of larger cities.

Living in Red Lion provides residents with a quintessential small-town experience, characterized by a strong sense of community and connection to nature. The area boasts beautiful landscapes, with easy access to outdoor activities such as hiking, cycling, and exploring the diverse flora and fauna. The local community events, farmers' markets, and friendly neighborhood interactions further enrich the social fabric of the town, fostering a welcoming atmosphere. Despite its rural setting, necessary amenities are within reach, with nearby towns offering shopping, dining, and educational facilities. Overall, Red Lion provides a peaceful and fulfilling lifestyle for those who appreciate the slower pace of country living.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

Download 25 Mbps / Upload 5 Mbps

Red Lion Real Estate Market Outlook

Thinking about buying in Red Lion? Now could not be a better time, with just 105 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $378,000 with prices in this suburb ranging from $133,000 to $740,000. The aproximate distance to the coast is 110 Km.

Consistent high demand relative to supply is a key feature in Red Lion driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Red Lion due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Red Lion changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Red Lion to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Red Lion the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Properties for sale Red Lion

BarryPlant 5 Johnson Road, Red Lion, VIC, 3371 Beds4 Bathrooms1 Parking 0 $565,000
Professionals 90 Bartletts Road, Red Lion, VIC, 3371 Beds3 Bathrooms1 Parking 2 $520,000 - $540,000
Properties for sale in Red Lion

Local Schools

Talbot Primary School

(While the above schools are located with the suburb of Red Lion there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Red Lion weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

Mount GlasgowTalbotDunachMount CameronCraigieMajorcaDaisy HillGolden PointStony CreekAmherst

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!