Investment property in Ripponlea 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 21.61%
Over the longer term, Ripponlea has seen property prices show investors a 102.92% return over the last 3 years. This is worse than over the last 12 months
A $580 per week rent on the median house gives suburb investors a gross yield of circa 1.77%, without taking into account capital value appreciation, which has been averaging out at 19.34%.
Ripponlea, 3185 ranked 132th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ripponlea is one of 2098 in our list for VIC
Comparing Ripponlea,3185 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Situated 6.26km from the CBD, Ripponlea is one of Port Phillip localities in the postcode 3185.