RIPPONLEA 3185
State: VICPosiProp AI Investment Summary
RIPPONLEA (VIC 3185) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Down -16.0%, with a median house buy price of $1,780,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,870,000
$1,780,000
$2,000,000
$1,780,500
Suburb Market Profile
Last month Ripponlea had 11 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,780,500 for houses to $495,000 for units. If you are looking for an investment property, consider houses in Ripponlea rent out for $870 PW with an annual rental yield of 2.8% and units rent for $500 PW with a rental yield of 5.3%. Ripponlea has seen an annual compound growth rate of -16.0% for houses and -13.2% for units.