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36-38 Red Hill Road, Red Hill$1.20m
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For Salehouse

36-38 Red Hill Road

Red Hill, VIC 3937, Australia
$1.18m – $1.23m
3 bed 1 bath 1 car1668 m²

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About this property

Positioned on a substantial 1668sqm (approx.) two title allotment in the heart of Red Hill, this elevated holding presents a rare and compelling opportunity for builders, developers or astute investors seeking scale, flexibility, and a premium village-adjacent location. The site currently accommodates a three-bedroom, one-bathroom timber residence with treetop outlooks, providing holding income or a base while plans are considered. Of note is the land's potential to be redeveloped as two separate properties (STCA), making this an attractive proposition in a tightly held and consistently high-demand market. Enjoying a highly walkable position moments from Red Hill village, cafes, restaurants, and local services, and surrounded by celebrated wineries and cellar doors, the property also benefits from proximity to the walking and riding trail, further enhancing future buyer appeal. With strong demand for new homes and boutique developments in the Red Hill hinterland, this is an exceptional opportunity to capitalise on land size, location, and redevelopment potential all just approximately one hour from Melbourne.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
1668 m²
Listed
3 months ago

Repayment calculator

$5,818/month
$2,909 /fortnight
Loan $960,000 at 6.10% over 30 years

Upfront costs

Deposit$240,000
Stamp duty$66,000
Conveyancing (est.)$2,000
Total upfront$308,000
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Red Hill

This 3-bedroom house in Red Hill, VIC 3937 sits within reach of local shops and nearby schools. It is listed 70% below the $4.06m median of 37 comparable houseswithin 5 km.

Schools near Red Hill

  • Red Hill Consolidated Schoolprimary · Prep-6 · CoEd

What's nearby

  • Red Hill Cheese3.8 km away

Red Hill at a glance

Full suburb profile
Population
1,009
Median age
50
Household income
$2,344/wk
Median rent
$461/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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