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Central Goldfields Shire

Red Lion

Red Lion Property Market
& Suburb Profile

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MEDIAN PRICES IN RED LION

Median house price

(all agencies, last 12 months)$600k*

House price change

(all agencies, last 12 months)+6.19%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

RED LION price TRACKER

Houses

Red Lion Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$414pw

Average rental yield for Houses

(all agencies, last 12 months)4.51%

Red Lion total population size

(as at the last census)111

Median household size in Red Lion

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Red Lion property types

  • Houses 64%
  • Other 36%

OCCUPANCY in Red Lion

  • Owned 89%
  • Rented 0%
  • Other/Not Stated 11%
  • Singles 45%
  • Families 61%
  • Other -5%

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About Red Lion

Red Lion, located in Victoria’s historic Goldfields region, offers a serene rural lifestyle ideal for families, retirees, and those seeking a tranquil escape from city life. This charming suburb is known for its rolling landscapes, agricultural heritage, and tight-knit community.

Community and Lifestyle

Red Lion boasts a friendly and welcoming community. Residents enjoy a relaxed pace of life, with local events and gatherings fostering a strong sense of togetherness. The area’s natural beauty and rural charm make it an ideal place for a peaceful and fulfilling lifestyle.

Housing and Real Estate

The real estate market in Red Lion features a variety of housing options, including spacious family homes, farmhouses, and lifestyle properties with large land parcels. The suburb's affordability and scenic views attract those seeking a tranquil rural retreat.

Education and Amenities

While Red Lion maintains its rural charm, essential amenities are accessible in nearby towns such as Maryborough and Ballarat. These towns provide shopping centres, healthcare facilities, and schools, ensuring residents have access to necessary services while enjoying the tranquility of rural life.

Recreation and Leisure

Outdoor enthusiasts will find plenty to do in Red Lion. The area offers excellent opportunities for hiking, cycling, and exploring nature. Local attractions such as the Pyrenees Ranges and nearby parks provide beautiful spots for outdoor activities and relaxation. The community’s active sports clubs and social groups further enhance the leisure options available to residents.

Transport and Accessibility

Red Lion is accessible by road, located approximately a 2-hour drive from Melbourne and a short drive from Maryborough and Ballarat. While public transport options are limited, having a private vehicle is beneficial for commuting and exploring the picturesque Goldfields region.

Demographics and Growth

Red Lion’s small but growing population values the peace and beauty of rural living. The suburb’s appeal is increasing as more people seek the tranquility of the countryside while remaining within reach of urban amenities.

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Sales Comparison

Find out how Red Lion median sales prices compare to neighbouring suburbs.

Red Lion MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20255$600,0006.18%0$414pw4.51%
20242$565,000-15.04%0$414pw4.57%
20233$665,00046.15%1$389pw4.25%
20222$455,000-6.27%0$370pw4.14%
20212$485,50044.93%0$328pw3.58%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20255$600,000+6.18%
20242$565,000-15.04%
20233$665,000+46.15%
20222$455,000-6.27%
20212$485,500+44.93%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$414pw4.51%
20240$414pw4.57%
20231$389pw4.25%
20220$370pw4.14%
20210$328pw3.58%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.