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 -9.6%, with a median house buy price of $1,690,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$800,000
$1,735,000
$2,300,000
$1,690,000
Suburb Market Profile
Last month Ripponlea had 14 properties available for rent and 12 properties for sale. Median property prices over the last year range from $1,690,000 for houses to $455,000 for units. If you are looking for an investment property, consider houses in Ripponlea rent out for $1,030 PW with an annual rental yield of 3.0% and units rent for $525 PW with a rental yield of 5.5%. Ripponlea has seen an annual compound growth rate of -9.6% for houses and -8.1% for units.