Riddells Creek, VIC 3431
Compare Part of Macedon Ranges
46.44 km
Distance from Melbourne CBD
4 k
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $385,000 | 0.0% | $225,000 | $1,040,000 | 43 |
| 2010 | $489,000 | +21.3% | $230,000 | $810,000 | 61 |
| 2011 | $470,000 | -4.0% | $305,000 | $920,000 | 49 |
| 2012 | $518,000 | +9.3% | $285,000 | $1,060,000 | 48 |
| 2013 | $490,000 | -5.7% | $286,500 | $875,000 | 39 |
| 2014 | $540,000 | +9.3% | $310,000 | $840,000 | 43 |
| 2015 | $540,000 | 0.0% | $169,950 | $940,000 | 54 |
| 2016 | $645,000 | +16.3% | $355,000 | $960,000 | 45 |
| 2017 | $685,000 | +5.8% | $386,500 | $1,260,000 | 48 |
| 2018 | $773,000 | +11.4% | $385,000 | $1,350,000 | 33 |
| 2019 | $765,000 | -1.0% | $515,000 | $1,450,000 | 37 |
| 2020 | $805,000 | +5.0% | $450,000 | $2,000,000 | 58 |
| 2021 | $960,000 | +16.1% | $540,000 | $1,900,000 | 67 |
| 2022 | $1,165,000 | +17.6% | $660,000 | $2,700,000 | 52 |
| 2023 | $1,160,000 | -0.4% | $450,000 | $2,675,000 | 55 |
| 2024 | $940,000 | -23.4% | $540,000 | $1,500,000 | 27 |
Median Sale Price
$1M
Based on 56 recorded sales within the last 12 months
Updated on 26 Jun 2024
Suburb Growth
-9.0%
Current Median Price: $1,000,000
Previous Median Price: $1,090,000
Based on 109 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $280 | 0.0% | $210 | $550 | 17 |
| 2012 | $315 | +11.1% | $270 | $460 | 15 |
| 2013 | $365 | +13.7% | $275 | $1,000 | 32 |
| 2014 | $370 | +1.4% | $280 | $650 | 20 |
| 2015 | $370 | 0.0% | $310 | $660 | 32 |
| 2016 | $375 | +1.3% | $295 | $600 | 34 |
| 2017 | $395 | +5.1% | $280 | $1,000 | 27 |
| 2018 | $430 | +8.1% | $340 | $900 | 23 |
| 2019 | $460 | +6.5% | $330 | $700 | 19 |
| 2020 | $450 | -2.2% | $320 | $900 | 23 |
| 2021 | $500 | +10.0% | $330 | $750 | 27 |
| 2022 | $520 | +3.8% | $350 | $700 | 32 |
| 2023 | $560 | +7.1% | $365 | $1,500 | 30 |
| 2024 | $550 | -1.8% | $460 | $725 | 14 |
Median Rent Price
$550
per week
Based on 23 recorded rent within the last 12 months
Updated on 26 Jun 2024
Rent Price Growth
+5.5%
Current Median Rent: $550
Previous Median Rent: $520
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $1,000,000
Current Median rent: $550
Based on 79 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Riddells Creek
Houses sold in Last 12 months ends 22 Jun 2024
$1.32M
Median Sale Price
20%
Clearance Rate
1/5
Sold/Reported
$1.32M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M (Median Price Range) | 1 | |
Similar Suburbs to Riddells Creek 3431
Based on median house sale price sold in last 12 months
Schools closest to Riddells Creek, VIC 3431
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Riddells Creek Primary School | 69-77 MAIN ROADRiddells Creek 3431 | Primary | Government | 0.4 km |