If you compare the increase in value of investment property in Ripponlea, 3185 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 19.51%.
If we look at median property appreciation over just the last three months, Ripponlea has given property investors a paper return of 0.59%. This puts Suburb as 506 on a list of fastest fasting appreciating suburbs in VIC
The VIC suburb of Ripponlea, 3185 is in the Port Phillip local government area.
Over the last year, property investments in Ripponlea, 3185 have given investors a capital gain of 13.54%. This compares very favourably with the 4.28% for VIC as a whole.
Comparing Ripponlea,3185 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.60%, without taking into account capital value appreciation, which has been averaging out at 6.06%.