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Investment Property Ringwood, VIC, 3134

Suburb Snapshot

Ringwood is a suburb in the Maroondah Region of Victoria. Ringwood has a population of 17,469 people and 34.32% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 0.00% over the past year and changed 0.00% over 2 years.

The median rent in Ringwood for houses is $595 per week and the median rental yield is 3.25%. Stock on the market for houses/townhouses has changed 1.33% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $540,000 and this has changed 1.88% over the past year. The average unit takes 70 days to sell and the median rent for a unit in Ringwood is $500 per week, producing a rental yield of 4.81%.

Supply & Demand in Ringwood, Maroondah

1.02%

Current vacancy rate


94

Rental stock available


17,469

Population


34.32%

Rental population


0.62%

Current vacancy rate


302

Rental stock available


110,375

Population


21.88%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ringwood, Maroondah

  House Townhouses Units
Median listing price $950,000 $807,500 $540,000
Median price change - last quarter 0.00% -0.31% 0.00%
Median price change - 1 year 0.00% 2.21% 1.88%
Median price change - 2 years 0.00% 2.21% 2.85%
  House Townhouses Units
Median weekly rent $595 $650 $500
Median yield % 3.25% 4.18% 4.81%
Median rent change - 1 year 2.58% 4.83% 11.11%
  House Units
Previous month sales 16 20
Stock on market previous month 76 88
Stock variance vs. last year 1.33% 1.15%
Average days on market 71 70

Ringwood investment property listings

Showing 1 of 1 investment properties found in Ringwood on realestateinvestar.com.au

58 Heywood St, RINGWOOD

$0

property pic

Generate income while you plan your Renovations!

A picturesque outlook of Proclamation Park and conveniently positioned on a corner block of approx. 481sqm this original weatherboard home is the perfect opportunity for the first home buyer or investor. Boasting warm timber floorboards throughout the home and modern compact kitchen and bathroom ...

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House

VIC 3134


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