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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 5 of 69 investment properties found in Ringwood East on realestateinvestar.com.au

11A Elizabeth Ct, Ringwood East

$1,150,000

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Stylish Brand-New Family Living in a Prime Location

Tucked away in a quiet court setting, this brand-new rear residence, one of only two on the block delivers modern comfort, space and effortless style. Step inside to a light-filled interior featuring engineered flooring throughout and a thoughtful layout designed for easy living. The home offers ...

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Townhouse

VIC 3135


81 Mount Dandenong Rd, Ringwood East

$890,000

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Charming Corner Block with Space, Style & Convenience

THE PROPERTY Set behind a charming white picket fence with secure gated entry, this character-rich single level weatherboard home delivers warmth, flexibility and immediate lifestyle appeal on a prized 418sqm corner allotment. Blending timeless period charm with modern comfort, the home welcomes ...

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House

VIC 3135


2/14 Mirabel Ave, Ringwood East

$760,000

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Private Single Level Comfort.

Nestled in a highly desirable and tightly held pocket of Ringwood East, this beautifully presented unit effortlessly combines modern comfort with an incredibly convenient lifestyle. Perfectly suited for first home buyers, downsizers seeking a low-maintenance retreat, or savvy investors looking for ...

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Unit

VIC 3135


6/57-61 Patterson St, RINGWOOD EAST

$800,000

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Turn-Key Modern Living with Outdoor Entertaining

Positioned in a quiet, family-friendly pocket of Ringwood East, this contemporary residence delivers a thoughtful balance of modern design, generous proportions and effortless indooroutdoor living, the home has been carefully appointed with quality finishes and practical spaces suited to both ...

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Townhouse

VIC 3135


46 Kemps St, RINGWOOD EAST

$950,000

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Beautifully Updated with Flexible Living

Charm, versatility and something that is move-in-ready is what you'll find here at 46 Kemps Street, Ringwood East. Privately set behind established gardens in a tree-lined neighbourhood, is a home that has been completely updated, now offering enhanced comfort and functionality. Inside, you'll ...

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House

VIC 3135


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