Riddells Creek, 3431 ranked 53th in VIC when comparing growth in median property values or capital gain over the last 12 months. Riddells Creek is one of 2098 in our list for VIC
The five-year average increase in median property values for Riddells Creek,3431 has given property investors a potential capital gain of 50.67% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.00% offered to property buyers. Sellers in Riddells Creek itself are offering an average vendor discount of -2.83% to real estate investors.
Residents and property investors in Riddells Creek have been waiting around 38.65 days to sell a property.
With the median price for a house in Riddells Creek being $565000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.50%