Investment property in Ridleyton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.83%
Comparing Ridleyton,5008 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Ridleyton itself are offering an average vendor discount of -4.47% to real estate investors.
With the median price for a house in Ridleyton being $520000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 3.90%