Suburb Profile Report for Riddells Creek VIC (3431)

Riddells Creek House: Median price $475,000, Annual capital growth 5.62%, Number of sales 35, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Riddells Creek is in the bottom 20% in VIC when comparing median price capital growth over the last year. Riddells Creek gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.04%.

Across a shorter period, Riddells Creek, 3431 has seen a median price increase of 1.06% over the last quarter.

Our latest figures would indicate that property sellers in Riddells Creek are currently offering property investors an average price cut of -4.89% below the asking price at the moment.

Situated 44.02km from the CBD, Riddells Creek is one of Macedon Ranges localities in the postcode 3431.

Metrics i HOUSE UNIT
$475,000 N/A
1.06% N/A
-1.04% N/A
5.62% N/A
$375 N/A
35 N/A
4.11% N/A
68.87 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3752
Median household income ($/weekly) 1637
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    5-14 years 580 15.5
    25-34 years 313 8.3
    35-44 years 556 14.8
    45-54 years 663 17.7
    55-64 years 540 14.4
    Others 1102 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 1589 57.9
    Not Married 893 32.5
    Defacto Relationship 264 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3230 88.0
    Greece 28 0.8
    Papua New Guinea 41 1.1
    United Kingdom 229 6.2
    Other 39 1.1
    Others 105 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 2341 67.1
    No Religion 1118 32.0
    Buddhism 16 0.5
    Islam 7 0.2
    Other Religious Groups 7 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 99 8.9
    $1,250-$1,499 99 8.9
    $1,500-$1,999 182 16.4
    $2,000-$2,499 146 13.1
    $2,500-$2,999 130 11.7
    Others 457 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1241 43.1
    Not in the labour force 764 26.5
    Employed, worked part-time 685 23.8
    Employed, away from work 133 4.6
    Unemployed, looking for work 57 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 249 12.1
    Professionals 399 19.4
    Technicians & trades workers 404 19.7
    Community & personal service workers 223 10.9
    Clerical & administrative workers 300 14.6
    Others 478 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 75 7.3
    Infants/Primary 386 37.7
    Secondary 300 29.3
    Technical or Further Educational Institution 101 9.9
    University or other Tertiary Institutions 130 12.7
    Others 32 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3523 98.2
    Flat, unit or apartment 60 1.7
    Improvised home, tent, sleepers out 5 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 659 53.8
    Fully owned 456 37.3
    Rented 102 8.3
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals