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Ridgewood

Suburb Profile

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

house

Property investors have seen a 2.7% gain in RIDGEWOOD based on an increase 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 $380,000

Profits averaged 0.9% per annum over a 3-year period, due to an upward 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 4.79%.

An average of 5.17 real estate transactions take place per month in RIDGEWOOD which translates to 62 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 N/A
GROWTH REPORT
Median Quarterly 2.7% N/A
Median 12 month 6.74% N/A
Median 3 years 2.7% N/A
Median 5 years -11.63% N/A
10 years average annual -0.39% N/A
Weekly media advert. rent $350 N/A
Time on Market 54.5 days N/A
Gross Rental Yield Percent 4.79% N/A
demographics (median values)
Total Population
1296
Weekly Household Income
996.4
Household Size
2.90
demographics
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