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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


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

39A Canterbury Rd, RINGWOOD EAST

$815,000

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VIC 3135


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