Question 1

Is Rippleside a nice place to live?

Accepted Answer

Rippleside is a compact bayside suburb on Corio Bay centred on its foreshore reserve, Rippleside Beach and the parkland that runs along the water. Tree-lined streets mix original weatherboard cottages and newer apartments with bay views, giving the area a relaxed coastal feel. Its 994 residents include long-term locals, young professionals and retirees, the median age is 47, and most homes are owner-occupied (74.3%).

The suburb is well connected by main roads and public transport and sits close to Geelong's café and cultural precincts, so waterfront walks and city access are both easy to fit into everyday life. Rippleside is included in the City of Greater Geelong’s Geelong Waterfront Masterplan, which identifies works such as Western Beach restoration, improved pedestrian and cycling links and ecological and cultural-heritage works; the foreshore has also seen remediation and new public-access features tied to the Balmoral Quay redevelopment. Whether Rippleside suits you depends on how much you value bayside living near the city.

Question 2

Is it expensive to live in Rippleside?

Accepted Answer

Renting in Rippleside takes a moderate share of what a typical local household earned at the last Census. A house at $580 a week would take about 27.6% of a typical local household's weekly income at the last Census ($2,103 a week), while a unit at $500 a week would take about 23.8%. If you're renting rather than buying, those rent shares are the most relevant figures for assessing cost here.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Rippleside a good place to invest?

Accepted Answer

Over the past 12 months house values in Rippleside fell 14.2%, a sharp drop in what a house is worth. House rents declined 2.5% over the year, a moderate fall, while unit rents rose 4.2%, a modest increase. In other words, capital value for houses moved down strongly over the year, while rental income behaved differently across the two property types and unit rents outpaced the change in house rents. Whether that pattern matters to you depends on whether you are prioritising capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-14.2%	N/A
Sold Past 3 months	N/A	1
Median days on market Past 12 months	58	N/A
Average rent Past 12 months	$580	$500
Change in rent Past 12 months	-2.5%	4.2%

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