Ripponlea, VIC 3185
Compare Part of Port Phillip
7.59 km
Distance from Melbourne CBD
11 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $990,000 | 0.0% | $675,000 | $1,035,000 | 5 |
| 2010 | $1,405,000 | +29.5% | $760,000 | $2,535,000 | 8 |
| 2011 | $720,000 | -95.1% | $360,000 | $995,000 | 8 |
| 2012 | $1,080,000 | +33.3% | $630,000 | $1,550,000 | 5 |
| 2013 | $1,384,000 | +22.0% | $715,000 | $1,650,000 | 9 |
| 2014 | $1,112,000 | -24.5% | $220,000 | $3,150,000 | 7 |
| 2015 | $1,420,000 | +21.7% | $781,000 | $2,975,000 | 8 |
| 2016 | $1,705,000 | +16.7% | $1,581,000 | $4,500,000 | 5 |
| 2017 | $1,380,000 | -23.6% | $1,100,000 | $2,096,500 | 5 |
| 2018 | $1,500,000 | +8.0% | $960,000 | $1,827,500 | 5 |
| 2019 | $1,960,000 | +23.5% | $1,475,000 | $1,960,000 | 2 |
| 2020 | $2,400,000 | +18.3% | $1,286,000 | $2,535,000 | 7 |
| 2021 | $2,300,000 | -4.3% | $1,350,000 | $5,100,000 | 7 |
| 2022 | $1,725,000 | -33.3% | $1,295,000 | $1,900,000 | 8 |
| 2023 | $1,515,000 | -13.9% | $1,050,000 | $1,980,000 | 5 |
| 2024 | - | - | - | - | - |
Median Sale Price
$1.96M
Based on 4 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
+11.8%
Current Median Price: $1,956,000
Previous Median Price: $1,725,000
Based on 12 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $350 | $470 | 4 |
| 2012 | $650 | +27.7% | $420 | $800 | 6 |
| 2013 | $495 | -31.3% | $310 | $950 | 11 |
| 2014 | $900 | +45.0% | $900 | $900 | 1 |
| 2015 | $685 | -31.4% | $350 | $1,399 | 15 |
| 2016 | $575 | -19.1% | $300 | $1,700 | 11 |
| 2017 | $1,200 | +52.1% | $850 | $1,200 | 4 |
| 2018 | $580 | -106.9% | $450 | $1,499 | 7 |
| 2019 | $750 | +22.7% | $580 | $3,000 | 7 |
| 2020 | $730 | -2.7% | $300 | $1,090 | 13 |
| 2021 | $595 | -22.7% | $445 | $1,650 | 10 |
| 2022 | $785 | +24.2% | $525 | $2,700 | 19 |
| 2023 | $740 | -6.1% | $500 | $895 | 8 |
| 2024 | $650 | -13.8% | $620 | $740 | 3 |
Median Rent Price
$650
per week
Based on 8 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
-26.9%
Current Median Rent: $650
Previous Median Rent: $825
Based on 24 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.7%
Current Median Price: $1,956,000
Current Median rent: $650
Based on 12 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Ripponlea, VIC 3185
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mount Scopus Memorial College (Gandel-Besen House) | 15 MAYFIELD STSt Kilda East 3183 | Primary | Independent | 0.58 km |
| Sholem Aleichem CollegeTop 10 | 11 SINCLAIR STElsternwick 3185 | Primary | Independent | 0.79 km |
| Caulfield Grammar SchoolTop 50 | 217 GLEN EIRA ROADSt Kilda East 3183 | Combined | Independent | 0.69 km |
| Ripponlea Primary School | 25 CARRINGTON GROVESt Kilda East 3183 | Primary | Government | 0.81 km |
| Yeshivah and Beth Rivkah CollegesTop 50 | 92 HOTHAM STREETSt Kilda East 3183 | Combined | Independent | 0.97 km |
| St Kilda Primary School | 2B BRIGHTON ROADSt Kilda 3182 | Primary | Government | 1 km |
| Elwood Primary School | SCOTT STREETElwood 3184 | Primary | Government | 0.98 km |
| St Joseph's SchoolTop 100 | 28 SANDHAM STElsternwick 3185 | Primary | Catholic | 1.02 km |
| Elwood College | 101 GLENHUNTLY ROADElwood 3184 | Secondary | Government | 1.11 km |
| Adass Israel School | 10 KING STElsternwick 3185 | Combined | Independent | 1.34 km |