Rippleside

POSTAL CODE: VIC, 3215

HOUSE

Based on its average 5-year and quarterly capital gains RIPPLESIDE, 3215 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that RIPPLESIDE, 3215 obtained a 6.97% growth over a ten-year period. It ranks 1948th on our list of suburbs that property investors should look into.

RIPPLESIDE, 3215 in VIC belongs to the local government area of Greater Geelong.

RIPPLESIDE, 3215 has a capital gain of 0% for the past year, which is lower than average compared to its 38.05% growth within a five-year period.

With the median home price in RIPPLESIDE sitting at $1,190,000, and the average rent at $600, property owners could potentially earn a 2.62% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in RIPPLESIDE are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,190,000	N/A
Growth Report
Median Quarterly	-4.99%	N/A
Median 12 month	0%	N/A
Median 3 years	0%	N/A
Median 5 years	38.05%	N/A
10 years average annual	6.97%	N/A
Weekly media advert. rent	$600	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	2.62%	N/A

Demographics (Median Values)*

Total Population 20616

Weekly Household Income 1141

Household Size 2.40

Average Age 42

Monthly Loan Repayment 1421

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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