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.
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
| Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
| Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
| Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
| May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
| Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
| Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
| Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
| Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
| Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
| Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
| Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 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 |
| 21-04-2015 | $1,050,000 | 59 SECOMBE LANE |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Cruise Port Macquarie - Greater then 10KM
Wauchope - Greater then 10KM
Kempsey - Greater then 10KM
Kendall - Greater then 10KM
General Points of Interest
The Elephant Trail Race - Greater then 10KM
Billabong Koala Breeding Centre - Greater then 10KM
Macropod Meadow - Greater then 10KM
Wombat - Greater then 10KM
Dingo - Greater then 10KM
Wauchope Country Club Golf Course - Greater then 10KM
Wauchope Memorial Olympic Pool - Greater then 10KM
Brushtail Possum - Greater then 10KM
Cassowary - Greater then 10KM
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