RINGWOOD NORTH 3134
State: VICPosiProp AI Investment Summary
RINGWOOD NORTH (VIC 3134) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 4.1%, with a median house buy price of $1,260,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$960,000
$1,146,775
$1,400,000
$1,260,000
Suburb Market Profile
Last month Ringwood North had 10 properties available for rent and 32 properties for sale. Median property prices over the last year range from $1,260,000 for houses to $840,000 for units. If you are looking for an investment property, consider houses in Ringwood North rent out for $660 PW with an annual rental yield of 3.1% and units rent for $565 PW with a rental yield of 3.8%. Ringwood North has seen an annual compound growth rate of 4.1% for houses and -7.2% for units.