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Redbank suburb profile

Redbank is a small rural locality in central Victoria, set among open paddocks and pockets of native eucalypt bush that give it a quietly agricultural feel. The area is dominated by farm properties and rural residential blocks with a smattering of older cottages along tree-lined lanes, and residents tend to be farmers, people seeking a country lifestyle and some who commute to larger towns for work. Daily life here is peaceful and shaped by the seasons, with limited local services so households rely on nearby towns for shops, schools and medical care, and travel is mainly by country roads.

Redbank property market performance

Like many smaller suburbs, Redbank sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. Over the last 3 months there was one house sale; unit sales data over the last 3 months is not available. Median days on market over the last 12 months and average rents over the last 12 months for houses and units are not published.

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Redbank demographics

A small community of 102 people with a median age of 59 and a median household income of $787 a week, about $41,000 a year.

Families are dominated by couple families without children, which make up 75.9% of families, roughly three in four. Couple families with children account for 10.3%, and one-parent families represent 13.8% of the family mix.

In Redbank most homes are owner-occupied: 65.2% are owned outright and 23.9% are owned with a mortgage, a combined 89.1% of dwellings, while 10.9% are rented.

Suburbs near Redbank

Some popular suburbs near Redbank include:

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