Thinking about buying in Reddestone? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $555,000 with prices in this suburb ranging from $66,000 to $1,715,000. The aproximate distance to the coast is 149 Km.
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In Reddestone 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 Reddestone 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. Low average earnings from people in Reddestone leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. With very low industrial sector presence in Reddestone 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.
None within suburb boundary
(While the above schools are located with the suburb of Reddestone there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
12-11-2024 | $1,500,000 | 2428 EMMAVILLE RD |
19-09-2024 | $350,000 | 5 / 2285 EMMAVILLE RD |
03-08-2023 | $500,000 | 2430 EMMAVILLE RD |
25-01-2023 | $1,365,000 | 1001 BULLOCK MOUNTAIN RD |
14-10-2022 | $865,000 | 917 EMMAVILLE RD |
19-09-2022 | $40,000 | 4 / 2285 EMMAVILLE RD |
03-12-2021 | $480,000 | 2207 EMMAVILLE RD |
30-08-2021 | $550,000 | 1941 EMMAVILLE RD |
23-04-2021 | $420,000 | 2104 EMMAVILLE RD |
30-10-2020 | $615,000 | 2563 EMMAVILLE RD |
15-09-2020 | $1,290,000 | 250 OSLO RD |
29-07-2020 | $1,025,000 | 389 OSLO RD |
29-06-2020 | $65,000 | 1 / 2285 EMMAVILLE RD |
28-05-2020 | $973,500 | 2801 EMMAVILLE RD |
20-04-2020 | $300,000 | 2126 EMMAVILLE RD |
09-01-2019 | $50,000 | 6 / 2285 EMMAVILLE RD |
31-07-2018 | $80,000 | 7 / 2285 EMMAVILLE RD |
29-09-2017 | $800,000 | 1924 EMMAVILLE RD |
25-08-2017 | $265,000 | 2126 EMMAVILLE RD |
13-07-2017 | $105,000 | 2031 EMMAVILLE RD |
01-12-2016 | $300,000 | 2207 EMMAVILLE RD |
18-10-2016 | $137,500 | 1941 EMMAVILLE RD |
23-09-2016 | $42,500 | 6 / 2285 EMMAVILLE RD |
09-07-2015 | $540,000 | 1001 BULLOCK MOUNTAIN RD |
08-07-2015 | $1,100,000 | 1409 EMMAVILLE RD |
20-11-2014 | $65,000 | 5 / 2285 EMMAVILLE RD |
12-12-2008 | $585,000 | 2428 EMMAVILLE RD |
27-07-2007 | $245,000 | 2207 EMMAVILLE RD |
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