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City of Port Phillip

Ripponlea

Ripponlea Property Market
& Suburb Profile

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MEDIAN PRICES IN RIPPONLEA

Median house price

(all agencies, last 12 months)$1.8m*

House price change

(all agencies, last 12 months)-1.33%

Median unit price

(all agencies, last 12 months)$521k*

Unit price change

(all agencies, last 12 months)-20.76%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

RIPPONLEA price TRACKER

HousesUnits

Ripponlea sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)29

Average days on market (units)

(all agencies, 12 months)25

Average held period in Ripponlea

(proptrack)14 years

Ripponlea Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,021pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$564pw

Unit rental price change

(all agencies, last 12 months)0.07%

Average rental yield for Houses

(all agencies, last 12 months)2.72%

Average rental yield for Units

(all agencies, last 12 months)4.97%

Ripponlea total population size

(as at the last census)1,532

Median household size in Ripponlea

(as at the last census)2.2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Ripponlea property types

  • Houses 22%
  • Units 44%
  • Other 34%

OCCUPANCY in Ripponlea

  • Owned 50%
  • Rented 48%
  • Other/Not Stated 2%
  • Singles 36%
  • Families 55%
  • Other 10%

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About Ripponlea

Ripponlea is an inner suburb of Melbourne, Victoria, Australia, named after the adjoining Rippon Lea Estate. It is 7 km south-east of Melbourne's Central Business District. Its local government area is the City of Port Phillip.

Ripponlea is centred on the intersection of Glen Eira Road and Hotham Street. In terms of its cadastral division, Ripponlea is in the Parish of Prahran, within the County of Bourke.

The suburb is named after Rippon Lea Estate (pictured above). After the death of Frederick Sargood in 1903, the estate's original owner, some of his property was subdivided to form the current suburb of Ripponlea.

Since 1909, Ripponlea has been the site of Caulfield Grammar School's senior school.

Ripponlea has the Ripponlea railway station, located on the Sandringham Line.

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Sales Comparison

Find out how Ripponlea median sales prices compare to neighbouring suburbs.

Ripponlea MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202533$1,151,000-1.32%104$793pw3.84%
202431$1,157,50022.81%87$769pw3.79%
202336$1,056,750-4.74%82$716pw3.67%
202239$1,047,500-26.27%113$657pw3.08%
202136$1,251,500-10.78%140$561pw2.60%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202533$1,151,000-1.32%
202431$1,157,500+22.81%
202336$1,056,750-4.74%
202239$1,047,500-26.27%
202136$1,251,500-10.78%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025104$793pw3.84%
202487$769pw3.79%
202382$716pw3.67%
2022113$657pw3.08%
2021140$561pw2.60%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.