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Rippleside suburb profile

Rippleside is a picturesque suburb located in Geelong, Victoria, known for its stunning waterfront views and tranquil atmosphere. Situated just a short distance from Geelong's city centre, Rippleside offers residents a peaceful retreat with easy access to urban amenities. The suburb is home to the popular Rippleside Park, which features expansive green spaces, playgrounds, and picnic areas, making it a favourite spot for families and outdoor enthusiasts. With its blend of charming heritage homes and modern developments, Rippleside attracts a diverse community seeking a relaxed lifestyle by the bay.

Rippleside property market performance

Current median dwelling price$1,107,287.5Past 3 months

Property growth+38.3%Past 12 months

Rippleside’s property market has remained stable over the past 12 months, with no change in median house or unit values. The suburb saw limited sales activity, with only 4 houses and 1 unit sold in the past year. Houses have a median time on market of 66 days, indicating a slower pace of sales.

The rental market in Rippleside has experienced modest growth, with house rents increasing by 1.7% and unit rents rising by 6.7% over the last 12 months. The average rent for houses is $590, while units average $510, reflecting a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-8.2%N/A
Sold
Past 3 months
32
Median days on market
Past 12 months
60N/A
Average rent
Past 12 months
$580$510
Change in rent
Past 12 months
N/A6.7%

5 year median price trend for houses and units

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Rippleside demographics

Rippleside, a charming suburb located in Geelong, Victoria, offers a serene and picturesque lifestyle with its proximity to the waterfront and parklands. With a population of just 994, it provides a close-knit community atmosphere that appeals to families and retirees alike. The median age of 47 suggests a mature population, with many residents enjoying the tranquility and slower pace of life that Rippleside offers.

The suburb's housing landscape is characterized by a significant proportion of home ownership, with 45.7% of properties owned outright and 28.6% owned with a mortgage. This indicates a stable community with a strong sense of permanence. The rental market is relatively small, with only 25.6% of properties being rented, which may appeal to those looking for long-term residency in a peaceful environment.

Family dynamics in Rippleside are diverse, with 36.3% of households being couple families with children and 49.8% being couple families without children. This mix reflects the suburb's appeal to both growing families and those whose children have moved out. The presence of one-parent families, making up 12.5% of the community, adds to the suburb's inclusive nature. With its scenic views, community feel, and convenient access to Geelong's amenities, Rippleside is a desirable location for those seeking a balanced and fulfilling lifestyle.

Suburbs near Rippleside

Some popular suburbs near Rippleside include:

  • North Geelong: Known for its industrial roots and growing residential appeal, North Geelong is located directly north of Rippleside.
  • Drumcondra: A small, picturesque suburb with waterfront views, Drumcondra lies to the east of Rippleside.
  • Bell Park: Offering a diverse community and convenient amenities, Bell Park is situated to the northwest of Rippleside.
  • Geelong West: Known for its vibrant shopping and dining scene, Geelong West is located southwest of Rippleside.
  • Herne Hill: Featuring a mix of residential and recreational spaces, Herne Hill is situated to the west of Rippleside.

How does Rippleside compare to nearby suburbs?

  • Median house prices: Rippleside’s median house price is 64.8% higher than North Geelong’s.
  • House price growth: Property prices in nearby North Geelong have risen 11.5% more than in Rippleside over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Rippleside have grown 59.0% higher than in North Geelong.
  • Selling speed for houses: Properties in nearby North Geelong are selling 65.0% faster than in Rippleside.
  • House price growth: Over the past 12 months, house prices in Rippleside have grown 6.0% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Rippleside have grown 217.6% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Rippleside

Choosing the right real estate agent in Rippleside can have a big impact on your sale. While there are 20 real estate agents working in the suburb, but just 5 of them were responsible for 44.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.5%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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