Red Hill at a glance
Median house
$1,232,500
Median unit
$343,440
Walk score
2
Very car dependent
Population
1,717
Median age 52
The brief
What to know about Red Hill.
The postcode for Red Hill is 3937 (VIC), part of Greater Melbourne.
The median house price in Red Hill is $1,232,500.
Red Hill (3937) sits in the Mornington Peninsula region of Victoria. The median house here is $1,232,500, above the Victoria median of around $850K.
Red Hill has roughly 1,717 residents, with a retiree-heavy demographic. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Red Hill scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 5 government primary, 1 government secondary, 1 independent.
Who lives here
Demographics.
The 2021 Census put Red Hill's population at 1,717, with a median age of 52. That sits as a retiree-heavy demographic.
Population
1,717
Median age
52
Family households
–
Lone person
–
Houses change hands at $1,232,500 on a typical sale, above the Victoria median. Units come in around $343,440, roughly 72% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $247,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,232,500
+0.0% over the past year. Median unit price $343,440.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$473/wk
Weekly rent (unit)
$402/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$1,232,500
$343,440
1,717
Median age: 52
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For investors
Investment overview.
Gross rental yield on houses sits at 2.00% (median rent $473/wk against a $1,232,500 price tag). Units yield 6.09% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.00%
Based on $1,232,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.09%
Based on $343,440 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
25
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
2
0
15
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Red Hill.
Local schools for Red Hill
View the catchment for each school to find out more.
Government School Catchment
Dromana Secondary College
Peninsula College
Red Hill Consolidated School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Red Hill.
- What is the median house price in Red Hill?
- The median house price in Red Hill, VIC 3937 is $1,232,500. The median unit price is $343,440.
- What is the Red Hill postcode?
- Red Hill is in the 3937 postcode, in VIC, in the Mornington Peninsula Shire Council region.
- Where is Red Hill?
- Red Hill is a suburb of Melbourne, in VIC 3937. It is part of the Greater Melbourne area, in the Mornington Peninsula Shire Council region.
- What is the average rent in Red Hill?
- The median weekly rent for houses is $473, for units it's $402.
- What schools are in Red Hill?
- There are 8 schools serving Red Hill on this page, including Dromana Secondary College, Peninsula College, Red Hill Consolidated School.
- How walkable is Red Hill?
- Red Hill has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 15.
- What suburbs are near Red Hill?
- Red Hill is close to Red Hill South, Safety Beach, Dromana, Merricks North, Arthurs Seat.
- What is the population of Red Hill?
- The population of Red Hill is approximately 1,717 (2021 Census). The median age is 52.
For Sale
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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