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Ripponlea, VIC 3185
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,045,000
list-price estimate
Median Unit
$460,000
market range $425K-$550K
Gross Yield (houses)
2.5%
1yr Growth (houses)
+2.0%
market range -10.0% to +7.5%
Investment snapshot for Ripponlea
Ripponlea has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Ripponlea market and investor summary
In Ripponlea, VIC 3185, houses show a gross rental yield of 2.5%. House prices have moved +2.0% over the past year and +22.2% over three years. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.
Living in Ripponlea: people, income and schools
Ripponlea has a resident population of roughly 1,532, a number that has held fairly steady over five years. At a median age of 34, it reads as broadly working-age, with renters making up 55% of households.
The typical household income runs to around $105,000 a year (about $2,020 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
Families have 94 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Ripponlea sits about 7.5 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 87 for walkability and 99 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 1,532
- +2% over 5yr
- Median age
- 34 years
- Median household income
- $105,000/yr
- Households renting
- 55%
- Family households
- 37%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 94
- avg ICSEA 1157
- Unemployment
- 3.8%
- Distance to CBD
- 7.5 km
- Walk score
- 87/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Ripponlea
View all →Frequently asked questions about Ripponlea
What should I check before investing in Ripponlea?
Ripponlea has enough public data for first-pass screening across yield, vacancy, price and supply signals. 3-year capital growth of +22.2% shows sustained momentum, not just a single-year spike. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Ripponlea?
The median property price in Ripponlea, VIC 3185 is $460K for units.
What rental yield does Ripponlea show?
The gross rental yield in Ripponlea is 2.5% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Ripponlea?
House prices in Ripponlea are up 2.0% over the past year and up 22.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Ripponlea?
The current vacancy rate in Ripponlea is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Ripponlea?
Ripponlea has a population of approximately 1,532 residents, with a median age of 34.
What schools are near Ripponlea?
There are 94 schools within roughly 5km of Ripponlea. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Ripponlea's population growing?
The population of Ripponlea has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Ripponlea from the CBD?
Ripponlea is about 7.5 km from the CBD.
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