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Riddells Creek suburb profile

Riddells Creek is a picturesque township nestled in the Macedon Ranges, approximately 50km northwest of Melbourne. Known for its rural charm and community spirit, it offers a peaceful lifestyle with easy access to urban amenities. The town is surrounded by natural beauty, including lush landscapes and the nearby Macedon Regional Park, making it ideal for outdoor enthusiasts. Riddells Creek boasts a friendly village atmosphere with local shops, cafes, and a primary school, catering to families and retirees alike. Its proximity to the train line provides convenient commuting options to Melbourne, enhancing its appeal as a tranquil yet connected place to live.

Riddells Creek property market performance

Property growth+7.0%Past 12 months

Riddells Creek's property market has remained relatively stable over the past 12 months. House values have not changed, while unit values have seen a slight increase of 0.8%. The median house price remains at $0, indicating a lack of recent sales data, and no units have been sold in the past year.

Sales activity has been limited, with only 9 houses sold in the past 12 months and no unit sales recorded. Houses are selling relatively quickly, with a median of 39 days on the market, while units have a longer median time of 53 days, suggesting a slower market for units.

The rental market in Riddells Creek has seen minimal changes, with house rents remaining steady and unit rents increasing by 4% over the last 12 months. The average rent for houses is $565, while units average $520, reflecting a modest demand for rental properties.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
13.3%0.8%
Sold
Past 3 months
6N/A
Median days on market
Past 12 months
5557
Average rent
Past 12 months
$580$520
Change in rent
Past 12 months
1.8%2.0%

5 year median price trend for houses and units

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Riddells Creek demographics

Riddells Creek, nestled in the Macedon Ranges of Victoria, offers a serene lifestyle with a touch of rural charm. Known for its picturesque landscapes and community-focused living, this suburb is an ideal choice for families and those seeking a peaceful environment away from the hustle and bustle of city life. With a population of 4,390 and a median age of 42, Riddells Creek attracts a mature demographic that values tranquility and community spirit.

The suburb's family-oriented nature is evident, with nearly half of the households being couple families with children, making up 49.3% of the community. This is complemented by 38% of couple families without children, indicating a balanced mix of young families and older couples. The presence of one-parent families at 11.9% adds to the diversity of family structures in the area.

Property ownership in Riddells Creek is predominantly stable, with a significant 38.8% of homes owned outright and 49.5% owned with a mortgage. This reflects a community with strong ties to the area and a commitment to long-term residence. The rental market is relatively small, with only 11.7% of properties being rented, highlighting the suburb's appeal to those looking for permanent settlement.

With a median household income of $2,150 per week, residents enjoy a comfortable standard of living, supported by the suburb's proximity to natural attractions and local amenities. Riddells Creek offers a harmonious blend of rural charm and modern convenience, making it a desirable location for families and individuals seeking a balanced lifestyle.

Suburbs near Riddells Creek

Some popular suburbs near Riddells Creek include:

  • New Gisborne: Known for its scenic landscapes and family-friendly atmosphere, New Gisborne is located to the southwest of Riddells Creek.
  • Mount Macedon: Famous for its lush gardens and natural beauty, Mount Macedon is situated to the northwest of Riddells Creek.
  • Gisborne: Offering a blend of rural charm and modern amenities, Gisborne lies to the west of Riddells Creek.
  • Macedon: Known for its picturesque surroundings and community feel, Macedon is located to the northwest of Riddells Creek.
  • Romsey: Featuring a mix of historic and contemporary homes, Romsey is situated to the north of Riddells Creek.

How does Riddells Creek compare to nearby suburbs?

  • Median house prices: Riddells Creek’s median house price is 23.0% lower than Gisborne’s.
  • House price growth: Over the past 12 months, house prices in Riddells Creek have grown 9.0% higher than in New Gisborne.
  • Unit price growth: Over the past 12 months, unit prices in Riddells Creek have grown 6.2% higher than in Romsey.
  • Selling speed for houses: Properties in Riddells Creek are selling 27.6% faster than in Mount Macedon.
  • Selling speed for units: Properties in Riddells Creek are selling 5.0% faster than in Gisborne.

Choose the right real estate agents in Riddells Creek

In Riddells Creek ,26 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 65.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.21% and 2.5%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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