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 3.4% and has experienced a 12-month capital growth of Up 5.4%, with a median house buy price of $1,264,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,135,000
$1,111,000
$1,367,500
$1,264,750
Suburb Market Profile
Last month Ringwood North had 14 properties available for rent and 35 properties for sale. Median property prices over the last year range from $1,264,750 for houses to $935,000 for units. If you are looking for an investment property, consider houses in Ringwood North rent out for $698 PW with an annual rental yield of 3.4% and units rent for $663 PW with a rental yield of 4.1%. Ringwood North has seen an annual compound growth rate of 5.4% for houses and 28.1% for units.
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