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Investment Property Ringwood East, VIC, 3135

Suburb Snapshot

Ringwood East is a suburb in the Maroondah Region of Victoria. Ringwood East has a population of 10,264 people and 26.29% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 5.55% over the past year and changed 8.57% over 2 years.

The median rent in Ringwood East for houses is $575 per week and the median rental yield is 3.14%. Stock on the market for houses/townhouses has changed -10.00% compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $640,000 and this has changed 6.66% over the past year. The average unit takes 54 days to sell and the median rent for a unit in Ringwood East is $490 per week, producing a rental yield of 3.98%.

Supply & Demand in Ringwood East, Maroondah

0.84%

Current vacancy rate


39

Rental stock available


10,264

Population


26.29%

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 East, Maroondah

  House Townhouses Units
Median listing price $950,000 $850,000 $640,000
Median price change - last quarter -0.79% 1.17% -1.54%
Median price change - 1 year 5.55% -5.03% 6.66%
Median price change - 2 years 8.57% 2.40% 6.66%
  House Townhouses Units
Median weekly rent $575 $700 $490
Median yield % 3.14% 4.28% 3.98%
Median rent change - 1 year 10.57% 19.65% 8.88%
  House Units
Previous month sales 7 11
Stock on market previous month 36 16
Stock variance vs. last year -10.00% 14.29%
Average days on market 42 54

Ringwood East investment property listings

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

25 Heathwood St, Ringwood East

$1,950,000

property pic

Immaculate contemporary extension in a coveted family locale

Boasting an exquisite contemporary renovation and extension with pristine designer finishes throughout, this elegant family home showcases expansive open plan interiors bathed in natural light. Featuring an immaculate Bosch-equipped kitchen, an indulgent ensuite master bedroom, and an inviting ...

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4

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2

House

VIC 3135


33 Sunbeam Ave, Ringwood East

$1,050,000

property pic

Flawless contemporary home with sundrenched entertaining area

Showcasing elegant contemporary interiors with an impressive private entertainers' backyard, this impeccably presented residence boasts an exceptional floorplan for growing families, multi-generational living, and downsizers alike. With luxurious ensuite master bedrooms on both the ground and ...

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4

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3

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2

Townhouse

VIC 3135


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