VIC/
Riddells creek

Suburb Profile

Riddells Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3431

house

Property investments in RIDDELLS CREEK fare well against the rest of the country last year, registering a median home price increase of 20.39%.

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

Based on its average 5-year and quarterly capital gains RIDDELLS CREEK, 3431 saw average growth in the long term.

Real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 35.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $614,000.

RIDDELLS CREEK ranks 310th on the list of best yielding suburbs for rental properties in VIC, posting a 3.15% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $614,000 N/A
GROWTH REPORT
Median Quarterly 6.78% N/A
Median 12 month 20.39% N/A
Median 3 years 38.91% N/A
Median 5 years 44.47% N/A
10 years average annual 7.46% N/A
Weekly media advert. rent $372.5 N/A
Time on Market 35.4 days N/A
Gross Rental Yield Percent 3.15% N/A
demographics (median values)
Total Population
3439
Weekly Household Income
1352
Household Size
3.00
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Riddells Creek, VIC
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