97 Monaro Crescent, Red Hill, ACT 2603 | BlockOfUnits for sale | OnTheHouse
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97 Monaro Crescent
Red Hill ACT 2603

Bedrooms: 11
Bathrooms: 11
Car spaces: -
Land area: 1807m2
Auction Time
Wed 11 Feb 6:00 pm
Inspection Times
No upcoming inspections scheduled.
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A Premier Development Opportunity In Red Hill

Positioned in one of Canberra's most sought-after suburbs, this boutique townhouse development offers a rare opportunity for developers and builders seeking a project with immediate market appeal.
Designed by the internationally recognised, award-winning firm Fender Katsalidis (FK Australia), this future landmark development will deliver bold architectural expression backed by practical, efficient planning. The combination of FK Australia's reputation and the site's Inner South location provides exceptional credibility, strong buyer confidence and clear sales advantages.
Each planned residence features its own distinct architectural identity, ensuring the finished collection stands out in a competitive market and sets a new benchmark for premium living in the area. This collection features 7 two-storey townhouses with basement garaging.
Perfectly positioned within close proximity to top-tier schools, vibrant shopping precincts, lush parklands and Canberra's key cultural and employment hubs, these premium residences deliver both prestige and practicality.
This is a truly rare development opportunity that is ready to go. DA approval is already in place*, and the existing improvements currently generate one of the strongest interim returns available, with all 10 residences leased and producing over $15,000 per month in gross income. The final fixed-term lease expires in February 2026, providing developers with both income stability during planning and the flexibility to commence construction on their preterred timeline.

Property Details for 97 Monaro Cres, Red Hill

97 Monaro Cres, Red Hill is a 11 bedroom, 11 bathroom BlockOfUnits. The property has a land size of 1807m2. The place is currently for sale with LJ Hooker Dickson.

Building Type
BlockOfUnits
Land Size
1807m2
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About Red Hill 2603

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 50.4% of total area. The population of Red Hill in 2016 was 3170 people. By 2021 the population was 3146 showing a population decline of 0.8% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation.In 2021, 75.00% of the homes in Red Hill were owner-occupied compared with 65.40% in 2016.

Red Hill has 1,703 properties. Over the last 5 years, Houses in Red Hill have seen a 49.31% increase in median value, while Units have seen a 36.10% increase. As at 30 November 2025:

  • The median value for Houses in Red Hill is $2,359,118 while the median value for Units is $788,356.
  • Houses have a median rent of $1,100 while Units have a median rent of $713.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 2603

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Nic Salter-Harding
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LJ Hooker Dickson
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.