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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 89 investment properties found in Ringwood East on realestateinvestar.com.au

3E Homebush Ct, Ringwood East

$1,150,000

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Sunrise To Sunset, The Views Steal The Show

Breakfast in the front garden as the sun rises, evening drinks on the balcony as the sun sets and spectacular 90°180° panoramas stretching across the horizon; the setting of this residence is nothing short of breathtaking. Nestled in an exclusive enclave, the present family has cherished their ...

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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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VIC 3135


17 Eastfield Rd, Ringwood East

$780,000

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Charm, Convenience, Opportunity A Tremendous First Time Offerin

For seven decades, this property has been home to one family. A lot has changed since its inception as one of the first on the road amongst orchards, but what has remained is its character and convenient location. Now the time has come to bring this treasure into a new era, presenting immense ...

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VIC 3135


35 Railway Ave, Ringwood East

$840,000

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Position And Possibilities

Anchored between Ringwood and Ringwood East's top-notch amenities, this home on approximately 619sqm delivers a compelling combination of position and possibilities. Resting on the corner of two no-through roads, directly opposite Ringwood Secondary College, it presents an outstanding opportunity ...

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VIC 3135


2/2 Bondi St, Ringwood East

$950,000

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Privacy And Peace In The Tintern Precinct

Private, peaceful and superbly positioned, this single-level residence, set at the rear of a dual occupancy allotment, offers a dreamy retreat in the prized Tintern precinct. Zoned for Ringwood Secondary College and just a short walk to the area's key amenities, it offers low maintenance living at ...

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VIC 3135


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