RIDGEWOOD 6030
State: WAPosiProp AI Investment Summary
RIDGEWOOD (WA 6030) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.5% and has experienced a 12-month capital growth of Up 20.5%, with a median house buy price of $869,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$783,500
$903,812
$869,000
Suburb Market Profile
Last month Ridgewood had 11 properties available for rent and 25 properties for sale. Median property prices over the last year range from $869,000 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Ridgewood rent out for $675 PW with an annual rental yield of 4.5%. Ridgewood has seen an annual compound growth rate of 20.5% for houses and 35.1% for units.
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