RINGWOOD EAST 3135
State: VICPosiProp AI Investment Summary
RINGWOOD EAST (VIC 3135) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Down -2.4%, with a median house buy price of $1,025,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$827,500
$952,500
$1,132,500
$1,025,000
Suburb Market Profile
Last month Ringwood East had 26 properties available for rent and 41 properties for sale. Median property prices over the last year range from $1,025,000 for houses to $735,500 for units. If you are looking for an investment property, consider houses in Ringwood East rent out for $630 PW with an annual rental yield of 3.4% and units rent for $560 PW with a rental yield of 4.2%. Ringwood East has seen an annual compound growth rate of -2.4% for houses and 0.8% for units.