Unit 1,
12 LADY NELSON DRIVE Rippleside VIC 3215

About North Geelong - Bell Park

With an average age of 48, households expect an average monthly mortgage payment of $1,872 or a weekly rent payment of $440. The average family earns a weekly income of $3,028 with a typical household size of 2.4 and a 92.71% employment rate.

Consistent high demand relative to supply is a key feature in Rippleside driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rippleside due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Rippleside 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 Rippleside to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Rippleside we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rippleside a better buying opportunity than it may have been in the past.

Public Transport

Marshall Port Phillip Ferries (Portarlington-Docklands) Waurn Ponds Port Phillip Ferries (Geelong-Docklands) Geelong Queenscliff - Sorrento Ferry South Geelong Little River North Shore Winchelsea

General Points of Interest

Barwon Valley Golf Course Geelong Homemakers Centre Geelong Lawn Tennis Club Geelong Racecourse Belmont Village Barrabool Hills Plaza Leisuretime Sports Precinct Geelong Aquatic Centre Korean War Memorial Queens Park Golf Course

Population

(Country of Birth not stated 1%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• Nelson Park School

  Bell Park, VIC, 3215 State U

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• North Geelong Secondary College

  North Geelong, VIC, 3215 State 7-12

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• Herne Hill Primary School

  Hamlyn Heights, VIC, 3215 State Prep-6

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Property Story

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