Rheola Suburb Profile

Victoria 3517

Rheola has 64 properties. Over the last 5 years, Houses in Rheola have seen a 12.59% increase in median value. As at 31 October 2024:

• The median value for Houses in Rheola is $586,591.

The size of Rheola is approximately 34.8 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Rheola in 2011 was 317 people. By 2016 the population was 35 showing a population decline of 89.0% in the area during that time. The predominant age group in Rheola is 0-9 years. Households in Rheola are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Rheola work in a managers occupation. In 2011, 80.5% of the homes in Rheola were owner-occupied compared with 108.7% in 2016..