97 Monaro CrescentRed Hill ACT 2603
Property Details for 97 Monaro Cres, Red Hill
97 Monaro Cres, Red Hill is a 11 bedroom, 11 bathroom BlockOfUnits with 11 parking spaces. The property has a land size of 1807m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 11 bedroom BlockOfUnits sold in Red Hill in the last 12 months.
Last Listing description (April 2026)
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 November 2026, providing developers with both income stability during planning and the flexibility to commence construction on their preterred timeline.
Property History for 97 Monaro Cres, Red Hill, ACT 2603
- 24 Apr 2026Sold
- 18 Dec 2025Listed for Sale Under Contract
- 04 Sep 2000Transferred
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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 1,702 properties. Over the last 5 years, Houses in Red Hill have seen a 21.81% increase in median value, while Units have seen a 38.90% increase. As at 31 March 2026:
- The median value for Houses in Red Hill is $2,305,802 while the median value for Units is $758,094.
- Houses have a median rent of $1,200 while Units have a median rent of $645.
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