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Investment Property Riddells Creek, VIC, 3431

Suburb Snapshot

Riddells Creek is a suburb in the Macedon Ranges Region of Victoria. Riddells Creek has a population of 3,947 people and 8.76% of its occupants live in rental accommodation. The median listing price for houses is $992,500 and this has changed -7.46% over the past year and changed 5.02% over 2 years.

The median rent in Riddells Creek for houses is $580 per week and the median rental yield is 3.03%. Stock on the market for houses/townhouses has changed -16.13% compared to last year and the average time to sell a house/townhouse is 124 days.The median listing price for units is $615,000 and this has changed NA over the past year. The average unit takes 91 days to sell and the median rent for a unit in Riddells Creek is NA per week, producing a rental yield of NA.

Supply & Demand in Riddells Creek, Macedon Ranges

0.45%

Current vacancy rate


8

Rental stock available


3,947

Population


8.76%

Rental population


0.33%

Current vacancy rate


77

Rental stock available


46,109

Population


12.92%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Riddells Creek, Macedon Ranges

  House Townhouses Units
Median listing price $992,500 NA $615,000
Median price change - last quarter -0.26% NA NA
Median price change - 1 year -7.46% NA NA
Median price change - 2 years 5.02% NA 2.58%
  House Townhouses Units
Median weekly rent $580 NA NA
Median yield % 3.03% NA NA
Median rent change - 1 year 3.57% NA NA
  House Units
Previous month sales 3 1
Stock on market previous month 26 5
Stock variance vs. last year -16.13% 0.00%
Average days on market 124 91

Riddells Creek investment property listings

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