East Ridgley Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine East Ridgley due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in East Ridgley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in East Ridgley requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
None within suburb boundary(While the above schools are located with the suburb of East Ridgley there may also be nearby schools whose catchments cover this suburb)
Local Crime Stats
Average Local Climate by month
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!