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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 2 of 2 investment properties found in Ringwood on realestateinvestar.com.au

1/87 Wantirna Rd, RINGWOOD

$1,250,000

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Townhouse

VIC 3134


2/2 Notlen St, RINGWOOD

$1,299,000

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House

VIC 3134


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