With a capital gain of 6.82% for the last 12 months, Riddells Creek, 3431 has performed for property investments than its average annual 4.09% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Riddells Creek comes in at number 597th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Riddells Creek, 3431. Typically our figures indicate that -4.96% is being offered, which puts this VIC suburb at 2239th most discounted overall in Australia.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 4.09%.