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Riggs Creek is a suburb in Strathbogie Shire, Australia with 30 residents. The median house price is $190K. Our analysis rates Riggs Creek with a suburb score of 33/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
33
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Riggs Creek has a suburb score of 33/100 for investment timing, placing it in the emerging investment category. While current market conditions in Riggs Creek suggest a cautious approach, there may be specific property types or price points that offer value. We recommend detailed due diligence on individual properties and monitoring Riggs Creek's market trends.
Riggs Creek's capital growth outlook is variable based on current market indicators. Capital growth in Riggs Creek may be uneven and dependent on broader market conditions. We recommend focusing on properties with strong individual characteristics such as location, land size, and development potential.
Riggs Creek is located within Strathbogie Shire Local Government Area in Australia. Strathbogie Shire encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Riggs Creek is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Riggs Creek is $190K based on recent sales data. At this price point, Riggs Creek offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Riggs Creek has a population of approximately 30 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Riggs Creek is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Riggs Creek's suburb score of 33/100 can be compared against other suburbs in Strathbogie Shire to identify relative investment value. Riggs Creek's current score suggests other suburbs in Strathbogie Shire may offer better investment timing at present. Use our suburb comparison tools to identify the highest-scoring alternatives in the area. Compare all suburbs in Strathbogie Shire using our platform to find the best investment opportunities.
