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 3.0% and has experienced a 12-month capital growth of Down -7.4%, with a median house buy price of $1,648,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$950,000
$1,690,000
$2,300,000
$1,648,500
Suburb Market Profile
Last month Ripponlea had 19 properties available for rent and 9 properties for sale. Median property prices over the last year range from $1,648,500 for houses to $465,000 for units. If you are looking for an investment property, consider houses in Ripponlea rent out for $999 PW with an annual rental yield of 3.0% and units rent for $535 PW with a rental yield of 5.4%. Ripponlea has seen an annual compound growth rate of -7.4% for houses and -10.8% for units.
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