Ripponlea's houses rarely come to market, and when one does, it is a genuine event. So few trade each year that a reliable median isn't published, but the heritage character of the estate and village is well known, and tightly held period homes are the exception rather than the rule here.
The everyday market is led by apartments, with sales up sharply this year and one-bedroom units near $322,500 offering an affordable, well-located entry point close to the station. Buyers here, like everywhere else, are responding most to homes that are genuinely ready to move into rather than needing further work.
With upsizers dominant across the wider area and the $1.2 million to $2 million band the most active, presentation and realistic pricing to recent comparable sales matter most for the rare Ripponlea house that does list. A turn-key home brought to market at its best is the one that stands out.
Median sale price for houses in Ripponlea is $1,648,500, down 9.7% from last year.
Median sale price for units in Ripponlea is $423,500
Properties sold for houses in Ripponlea is 10, down 37.5% from last year.
Properties sold for units in Ripponlea is 35, up 483.3% from last year.
Auction clearance for houses in Ripponlea is 66.7%, up 4.8% from last year.
Auction clearance for units in Ripponlea is 50.0%, up 50.0% from last year.
Av days on market for units in Ripponlea is 39
$2,015,000
$1,910,000
$1,648,500
$1,549,000
$1,375,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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