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 3.6% and has experienced a 12-month capital growth of Down -4.9%, with a median house buy price of $993,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$827,500
$943,000
$1,150,000
$993,750
Suburb Market Profile
Last month Ringwood East had 36 properties available for rent and 50 properties for sale. Median property prices over the last year range from $993,750 for houses to $728,500 for units. If you are looking for an investment property, consider houses in Ringwood East rent out for $635 PW with an annual rental yield of 3.6% and units rent for $550 PW with a rental yield of 4.2%. Ringwood East has seen an annual compound growth rate of -4.9% for houses and 0.8% for units.
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