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142 Main Road,
Riddells Creek VIC 3431

This property is Off Market

All about Riddells Creek Homes for sale in Riddells Creek


  • The Average property price in this area is $1,271,397, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 44.11 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Riddells Creek

With an average age of 40, households expect an average monthly mortgage payment of $1,885 or a weekly rent payment of $391. The average family earns a weekly income of $2,269 with a typical household size of 2.4 and a 99.68% employment rate.

Consistent high demand relative to supply is a key feature in Riddells Creek driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Riddells Creek ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Riddells Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Riddells Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Riddells Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 498 asthma sufferers and 144 people living with diabetes. In addition, 194 people have a heart/vascular condition and 305 people live with three or more chronic diseases.

A good place to invest in property?

Riddells Creek a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

64 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

16 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

27 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Gisborne Secondary College Riddells Creek Primary School
  • Gisborne Montessori School

    New Gisborne, VIC, 3438 Independent Prep-6


Property Story

142 Main Road, Riddells Creek, Vic, 3431 is a residential property . The estimated distance to the sea is 44.11km and 0.14KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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