VIC/
Ringwood

Suburb Profile

Ringwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3134

house
unit

Property investors have seen a 1.63% gain in RINGWOOD based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains RINGWOOD, 3134 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $874,000

Profits averaged 10.48% per annum over a 3-year period, due to an upward trend in home prices in RINGWOOD, 3134.

This means, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.

The gross rental yield in RINGWOOD, 3134 is 2.53%.

An average of 8.17 real estate transactions take place per month in RINGWOOD which translates to 98 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $874,000 $535,000
GROWTH REPORT
Median Quarterly 1.63% -0.93%
Median 12 month 8.03% -0.07%
Median 3 years 31.43% 21.59%
Median 5 years 73.58% 38.96%
10 years average annual 8.2% 5.93%
Weekly media advert. rent $425 $360
Time on Market 66.7 days 54.7 days
Gross Rental Yield Percent 2.53% 3.5%
demographics (median values)
Total Population
15185
Weekly Household Income
938.6
Household Size
2.30
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Capital Gains Tax (CGT) Calculator

Ringwood, VIC
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