Suburb Profile Report for Rippleside VIC (3215)

Rippleside House: Median price $624,000, Annual capital growth 9.15%, Number of sales 10, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Rippleside has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 22.35% to date .

Taking the average capital gain, or increase in median house value, Rippleside,3215 has racked up an average of 22.35% over the period. This ranks it number 1170th in the whole country for real estate investors looking at median house price increases.

Situated 63.60km from the CBD, Rippleside is one of Greater Geelong localities in the postcode 3215.

HOUSE UNIT
$624,000 N/A
4.00% N/A
22.35% N/A
9.15% N/A
$330 N/A
10 N/A
2.75% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 439
Median household income ($/weekly) 1462
Median age of persons 38
Median housing loan repayment ($/monthly) 2086
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 53 12.1
    25-34 years 49 11.2
    35-44 years 83 18.9
    45-54 years 66 15.0
    55-64 years 60 13.7
    Others 128 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 182 56.9
    Not Married 107 33.4
    Defacto Relationship 31 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 372 87.7
    Croatia 3 0.7
    Germany 6 1.4
    Malta 4 0.9
    United Kingdom 18 4.2
    Others 21 5.0
    Country of Birth
    Census Count Percent(%)
    Christianity 258 63.2
    No Religion 141 34.6
    Buddhism 6 1.5
    Islam 3 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 15 9.3
    $800-$999 14 8.6
    $1,500-$1,999 26 16.0
    $2,000-$2,499 16 9.9
    $2,500-$2,999 16 9.9
    Others 75 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 147 45.0
    Not in the labour force 83 25.4
    Employed, worked part-time 80 24.5
    Employed, away from work 14 4.3
    Unemployed, looking for work 3 0.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 49 20.1
    Professionals 70 28.7
    Technicians & trades workers 27 11.1
    Clerical & administrative workers 28 11.5
    Sales 20 8.2
    Others 50 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 12 11.4
    Infants/Primary 34 32.4
    Secondary 24 22.9
    Technical or Further Educational Institution 5 4.8
    University or other Tertiary Institutions 26 24.8
    Others 4 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 385 90.4
    Semi-detached, row or terrace house, townhouse 33 7.7
    Flat, unit or apartment 8 1.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 64 37.2
    Being purchased 62 36.0
    Rented 46 26.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
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