VIC/
Ripponlea

Suburb Profile

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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