WA/
Ridgewood

Suburb Profile

Ridgewood - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6030

house

Property investors have seen a -1.27% drop in RIDGEWOOD based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains RIDGEWOOD, 6030 saw average growth in the long term.

the WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $390,000

Profits averaged -2.75% per annum over a 3-year period, due to an downward trend in home prices in RIDGEWOOD, 6030.

This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

The gross rental yield in RIDGEWOOD, 6030 is 4.67%.

An average of 5.08 real estate transactions take place per month in RIDGEWOOD which translates to 61 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 N/A
GROWTH REPORT
Median Quarterly -1.27% N/A
Median 12 month -5.11% N/A
Median 3 years -8.24% N/A
Median 5 years 4% N/A
10 years average annual 5.81% N/A
Weekly media advert. rent $350 N/A
Time on Market 104.2 days N/A
Gross Rental Yield Percent 4.67% N/A
demographics (median values)
Total Population
1296
Weekly Household Income
996.4
Household Size
2.90
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