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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 $895,000 and this has changed -14.56% over the past year and changed -5.04% over 2 years.

The median rent in Riddells Creek for houses is $580 per week and the median rental yield is 3.36%. Stock on the market for houses/townhouses has changed -9.68% compared to last year and the average time to sell a house/townhouse is 121 days.The median listing price for units is $610,000 and this has changed NA over the past year. The average unit takes 94 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

0.39%

Current vacancy rate


7

Rental stock available


3,947

Population


8.76%

Rental population


0.32%

Current vacancy rate


75

Rental stock available


46,109

Population


12.92%

Rental population


0.93%

Current vacancy rate


28,886

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 $895,000 NA $610,000
Median price change - last quarter -0.26% NA NA
Median price change - 1 year -14.56% NA NA
Median price change - 2 years -5.04% NA NA
  House Townhouses Units
Median weekly rent $580 NA NA
Median yield % 3.36% NA NA
Median rent change - 1 year 3.57% NA NA
  House Units
Previous month sales 5 0
Stock on market previous month 28 7
Stock variance vs. last year -9.68% 16.67%
Average days on market 121 94

Riddells Creek investment property listings

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