Giving property investors a a solid capital gain of 17.41% for the last year, Ripponlea, 3185 is the 386th highest performer in Australia in this respect.
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
Ripponlea is 596th on a list of best yielding suburbs for rents in VIC with a 1.79% return
Property investors who have had real estate in Ripponlea, 3185 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.24%
While Ripponlea,3185 ranked number 286th in VIC for increase in median house value (annualised) increase, it is ranked 183th over the last 5 years.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.32%, investors should hope to achieve an overall return of 4.09%