OFF MARKET

3/5 Racecourse Road
Riddells Creek VIC 3431

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 266m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 3/5 Racecourse Rd, Riddells Creek

3/5 Racecourse Rd, Riddells Creek is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 266m2 and floor size of 140m2.

Building Type
Unit
Year Built
2015
Floor Size
140m2
Land Size
266m2
Local Government
Macedon Ranges
Lot/Plan
3/PS800600

Last Listing description (September 2024)

Don't miss this rare opportunity to rent this property in Riddells Creek!
Located next to the recreation reserve and a short walk from public transport, school and shops this is the perfect property for anyone wanting to make the move to this beautiful suburb or have a place in the heart of the desirable Macedon Ranges township of Riddells Creek.

This newly built three bedroom, two bathroom home is situated on 266m2 approx in a family friendly neighbourhood and provides an exciting opportunity to rent for $460 per week. All three bedrooms have built-in wardrobes and the master bedroom has an ensuite.

Only being built two years ago the property has been flawlessly executed with quality finishes. The open kitchen, dining and lounge room is equipped with everything you need with a multitude of storage and has a generously sized breakfast bar to start your day. There is a private courtyard leading out from the dining room and is the perfect area to relax and entertain family and friends.

Conditions:
$460 per week
$1,998.81 monthly
$1,998.81 Bond

Property History for 3/5 Racecourse Rd, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Listed for Rent
$460/w
29 May 2023
  • 24 May 2023
    Listed for Rent $460 / week
  • 20 Feb 2023
    Listed for Sale $599,000 to $620,000

Commute Calculator

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 2,142 properties. Over the last 5 years, Houses in Riddells Creek have seen a 35.08% increase in median value, while Units have seen a 32.62% increase. As at 30 September 2024:

  • The median value for Houses in Riddells Creek is $1,025,219 while the median value for Units is $581,480.
  • Houses have a median rent of $555 while Units have a median rent of $473.
There are currently 43 properties listed for sale, and 2 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Riddells creek.

Suburb Insights for Riddells Creek 3431

Market Insights
Riddells Creek Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Riddells Creek Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.