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Redbank
VIC, 3477 - Northern Grampians

Thinking about buying in Redbank? Now could not be a better time, with just 119 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $349,000 with prices in this suburb ranging from $36,000 to $730,000. The aproximate distance to the coast is 150 Km.

Household Makeup

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

Housing Stock

Average Property Prices

Redbank Real Estate Market Outlook

In Redbank there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Redbank is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Redbank 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Redbank we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Redbank a better buying opportunity than it may have been in the past.

Properties for sale Redbank

Elders 330 redbank rd, redbank, nsw, 2446 Beds3 Bathrooms1 Parking 4 Contact Agent

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Redbank 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.

Redbank 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
Jan4.020.828.860.088.65.224.1
Feb10.520.128.160.891.24.519.3
Mar11.918.926.763.192.54.515.8
Apr4.315.224.756.492.53.814.9
May3.01222.652.992.23.412.3
Jun3.39.820.154.091.53.711.0
Jul1.17.720.247.392.93.412
Aug1.78.021.243.092.03.715.2
Sept2.111.322.946.790.24.517.7
Oct3.514.024.153.890.74.620.7
Nov1.216.526.549.887.55.124.9
Dec6.519.027.457.988.55.223.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

08-10-2024 $2,150,000 81 MATTHEW MITCHELL DR
20-10-2023 $975,000 266 REDBANK RD
30-08-2023 $910,000 114 REDBANK RD
23-02-2023 $2,100,000 20 SETTLERS PL
30-11-2022 $920,000 406 PEMBROOKE RD
27-07-2022 $860,000 474 STONEY CREEK RD
08-07-2022 $1,800,000 55 MATTHEW MITCHELL DR
08-04-2022 $1,900,000 67 SECOMBE LANE
24-03-2022 $1,930,000 20 SETTLERS PL
11-03-2022 $1,700,000 29 SECOMBE LANE
04-02-2022 $1,200,000 330 REDBANK RD
09-12-2021 $1,800,000 662 PEMBROOKE RD
04-11-2021 $755,000 406 PEMBROOKE RD
29-10-2021 $2,707,000 221 HURSLEY RD
21-04-2021 $920,000 107 STONEY CREEK RD
20-04-2021 $700,000 261 PEMBROOKE RD
04-12-2020 $530,000 340 REDBANK RD
26-11-2020 $650,000 140 REDBANK RD
20-10-2020 $805,000 384 REDBANK RD
29-09-2020 $1,020,000 21 SETTLERS PL
05-08-2020 $612,000 474 STONEY CREEK RD
25-03-2020 $1,500,000 106 REDBANK RD
08-10-2019 $350,000 442 PEMBROOKE RD
20-09-2019 $900,000 43 SECOMBE LANE
03-09-2019 $615,000 246 PEMBROOKE RD
27-08-2019 $900,000 80 PEMBROOKE RD
13-12-2018 $1,625,000 18 CARSWELL RD
02-08-2018 $925,000 132 REDBANK RD
04-07-2018 $500,000 232 PEMBROOKE RD
05-06-2018 $665,000 510 STONEY CREEK RD
18-12-2017 $750,000 124 REDBANK RD
15-12-2017 $1,450,000 9 ENNIS RD
15-09-2017 $493,500 470 STONEY CREEK RD
25-08-2017 $515,000 492 STONEY CREEK RD
27-07-2017 $1,050,000 225 ENNIS RD
30-06-2017 $1,737,500 458 STONEY CREEK RD
28-06-2017 $775,000 3 TEAMSTERS WAY
04-05-2017 $1,400,000 163 REDBANK RD
12-04-2017 $670,000 284 PEMBROOKE RD
17-02-2017 $525,000 180 PEMBROOKE RD
16-01-2017 $733,000 101 REDBANK RD
16-12-2016 $485,000 384 REDBANK RD
30-11-2016 $723,000 380 REDBANK RD
18-08-2016 $560,000 211 PEMBROOKE RD
19-07-2016 $525,000 605 STONEY CREEK RD
16-12-2015 $800,000 418 PEMBROOKE RD
04-08-2015 $624,000 35 MATTHEW MITCHELL DR
22-07-2015 $839,000 186 REDBANK RD
02-07-2015 $455,000 406 PEMBROOKE RD
22-06-2015 $645,000 226 ENNIS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

MoyreiskMoonambelBarklyWinjallokTanwoodStuart MillNatte YallockFrenchmansDalyenongWarrenmang

Public Transport


General Points of Interest

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