1/31 Somerville LaneRiddells Creek VIC 3431
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Property Details for 1/31 Somerville Lane, Riddells Creek
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About Riddells Creek 3431
The size of Riddells Creek is approximately 72.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Riddells Creek in 2011 was 3,752 people. By 2016 the population was 3,932 showing a population growth of 4.8% in the area during that time. The predominant age group in Riddells Creek is 40-49 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation. In 2011, 89.9% of the homes in Riddells Creek were owner-occupied compared with 87.9% in 2016.
Riddells Creek has 2,137 properties. Over the last 5 years, Houses in Riddells Creek have seen a 30.80% increase in median value, while Units have seen a 35.88% increase. As at 31 August 2024:
- The median value for Houses in Riddells Creek is $1,006,666 while the median value for Units is $582,283.
- Houses have a median rent of $555 while Units have a median rent of $460.
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