Powered by MOMENTUM MEDIA
AREA REPORTS

Ringwood North

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -2.07% capital gain.

Property investors in RINGWOOD NORTH enjoyed capital gains of 9.47% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $943,050.

Profits due to an downward trend in home prices there averaged -0.69% per annum over a 3-year period.

Home owners selling their properties and realtors in RINGWOOD NORTH usually have to wait an average of 39.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $500 mark, reflecting a 2.76% increase in returns based on the current median price in RINGWOOD NORTH.

RINGWOOD NORTH, 3134 places 292nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $943,050 $820,000
GROWTH REPORT
Median Quarterly 2.73% -4.09%
Median 12 month 9.47% 17.39%
Median 3 years -2.07% 25.67%
Median 5 years 21.29% 38.75%
10 years average annual 5.41% 8.09%
Weekly media advert. rent $500 $380
Time on Market 39.9 days 0.0 days
Gross Rental Yield Percent 2.76% 2.41%
demographics (median values)
Total Population
9658
Weekly Household Income
1387
Household Size
2.90
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.