Investment property in Ripponlea has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.03%
Comparing Ripponlea,3185 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
With the median price for a house in Ripponlea being $535500 and the advertised rent reaching $417.5 the gross rental yield for property investors calculates out to be 4.05%