VIC has seen average median house prices change by 8.96% which means that Riddells Creek, 3431 has done well for property investors by showing a capital gain of 1.08% over the last year
Riddells Creek,3431 has offered an average of 1.08% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Riddells Creek itself are offering an average vendor discount of -5.02% to real estate investors.
With the median price for a house in Riddells Creek being $470000 and the advertised rent reaching $377.5 the gross rental yield for property investors calculates out to be 4.18%