Thinking about buying in Riddells Creek? Now could not be a better time, with 2197 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,254,000 with prices in this suburb ranging from $56,000 to $5,344,000. The aproximate distance to the coast is 39 Km.

Riddells Creek Real Estate Market Outlook

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.

Houses for sale Riddells Creek

	142 MAIN RD, RIDDELLS CREEK, VIC, 3431	2	2	1	659000
	11 YELLOWGUM AV, RIDDELLS CREEK, VIC, 3431	0	0	0	440000
	13 BUTTERS CL, RIDDELLS CREEK, VIC, 3431	4	2	2	$1,299,000
	3 MADGE CT, RIDDELLS CREEK, VIC, 3431	4	3	4	$1,550,000
	1 DWYER CT, RIDDELLS CREEK, VIC, 3431				$899,000
	9 BLUEGUM CCT, RIDDELLS CREEK, VIC, 3431	4	2	4	$1,200,000 - $1,300,000

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General Points of Interest

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