235 Hotham Street

Ripponlea VIC 3185

The size of Ripponlea is approximately 0.3 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Ripponlea in 2011 was 1,477 people. By 2016 the population was 1,572 showing a population growth of 6.4% in the area during that time. The predominant age group in Ripponlea is 20-29 years. Households in Ripponlea are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripponlea work in a professional occupation. In 2011, 43.4% of the homes in Ripponlea were owner-occupied compared with 43.6% in 2016.

Ripponlea has 929 properties. Over the last 5 years, Houses in Ripponlea have seen a 24.12% increase in median value, while Units have seen a 4.90% increase. As at 31 August 2024:

• The median value for Houses in Ripponlea is $1,925,581 while the median value for Units is $581,178.
• Houses have a median rent of $850 while Units have a median rent of $500.