Suburb Profile
Ripponlea - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3185
Ripponlea - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3185
house
unit
The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,700,000
Profits averaged 16.48% per annum over a 3-year period, due to an upward trend in home prices in RIPPONLEA, 3185.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in RIPPONLEA, 3185 is 1.84%.
An average of 1 real estate transactions take place per month in RIPPONLEA which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,700,000 | $586,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -4.17% |
| Median 12 month | -1.45% | 10.66% |
| Median 3 years | 49.45% | 32.39% |
| Median 5 years | 102.62% | 35.29% |
| 10 years average annual | 15.58% | 5.63% |
| Weekly media advert. rent | $600 | $400 |
| Time on Market | 0.0 days | 78.3 days |
| Gross Rental Yield Percent | 1.84% | 3.55% |
demographics (median values)
Total Population
1374
Weekly Household Income
1059
Household Size
2.00
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Capital Gains Tax (CGT) Calculator
Ripponlea, VIC
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