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Ripponlea
VIC, 3185 - Port Phillip

Thinking about buying in Ripponlea? Now could not be a better time, with 1186 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,203,000 with prices in this suburb ranging from $303,000 to $7,301,000. Ripponlea is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $400.60
Median Monthly Mortgage $2149.60
Median Persons Per Bedroom 1.00
Average Household Size 2.20
Average Age 34.00
Average Income $1253.20
Average Cars Per Dwelling 1.26
Average Properties Within 50M 56

Housing Stock

Average Property Prices

1 Bed  $543,000
2 Bed  $928,000
3 Bed  $2,114,000
4 Bed  $3,318,000
5 Bed  $2,444,000

Ripponlea Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Ripponlea driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ripponlea ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Ripponlea classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Ripponlea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Properties for sale Ripponlea

At Realty UNIT 12, 3 QUAT QUATTA AV, RIPPONLEA, VIC, 3185 Beds1 Bathrooms1 Parking 0 $330,000 - $360,000
Fletchers UNIT 23, 6-8 GLEN EIRA RD, RIPPONLEA, VIC, 3185 Beds2 Bathrooms1 Auction $430,000
Fletchers UNIT 8, 124 BRIGHTON RD, RIPPONLEA, VIC, 3185 Beds2 Bathrooms1 Parking 1 For Sale $490,000-$510,000
Professionals 23 HOTHAM GR, RIPPONLEA, VIC, 3185 Beds4 Bathrooms3 Parking 4 $4,500,000

Local Schools

Sholem Aleichem College

Elwood Primary School

Caulfield Grammar School

Ripponlea Primary School

St Kilda Primary School

Yesodei HaTorah College

St Joseph's School

Beth Rivkah Ladies College

Yeshivah College

Elsternwick Primary School

(While the above schools are located with the suburb of Ripponlea there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Ripponlea weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BalaclavaElwoodSt Kilda EastElsternwickSt KildaCaulfield NorthGardenvaleWindsorCaulfieldPrahran

Public Transport


General Points of Interest

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