Riddells Creek

POSTAL CODE: VIC, 3431
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Property investments in RIDDELLS CREEK fare well against the rest of the country last year, registering a median home price increase of 2.56%.

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 $595 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 59.9 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 $820,500.

RIDDELLS CREEK ranks 224th on the list of best yielding suburbs for rental properties in VIC, posting a 3.77% return.

Surburb overview

Riddells Creek is a township in the Macedon Ranges region of central Victoria, about 58 kilometres north-west of the Melbourne CBD and approximately 11 kilometres south of Gisborne. Situated within the Macedon Ranges Shire, the township combines a village atmosphere with convenient access to metropolitan Melbourne, making it a popular location for commuters and families. The surrounding area features a mix of residential neighbourhoods, rural properties and native bushland, with agriculture, local businesses, tourism and professional services contributing to the local economy.

According to the 2021 Census, Riddells Creek had a population of 3,578 people. The township has experienced steady growth in recent years while retaining its community-focused character. Residents include families, professionals, retirees and long-term locals who are attracted by the area's natural environment, heritage and accessibility to both Melbourne and nearby regional centres.

Riddells Creek is well connected by the Calder Freeway, providing direct road access to Melbourne, Bendigo and surrounding townships. Riddells Creek Railway Station also serves the township on the V/Line Bendigo line, which offers regular rail services to Melbourne's Southern Cross Station, Bendigo, and other regional destinations. Local roads provide convenient links to Gisborne, Sunbury, Romsey and neighbouring communities.

The township offers a range of essential amenities, including a primary school, childcare services, a medical clinic, a pharmacy, a supermarket, cafés, a hotel, community facilities, sporting reserves, and local retail businesses. Residents also have access to a library, recreation centre and a variety of community organisations. Additional secondary schools, specialist healthcare, major shopping centres and professional services are available in nearby Gisborne, Sunbury and Kyneton.

Recreational opportunities include walking and cycling along local trails, exploring nearby bushland reserves and enjoying parks and playgrounds throughout the township. The nearby Macedon Regional Park offers extensive bushwalking tracks, picnic areas and scenic lookouts, while Mount Macedon provides opportunities for hiking and nature appreciation. Local sporting clubs, community events, farmers' markets and cultural activities contribute to an active community calendar throughout the year.

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