RINGWOOD 3134
State: VICPosiProp AI Investment Summary
RINGWOOD (VIC 3134) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -1.7%, with a median house buy price of $1,023,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$800,000
$980,000
$1,161,500
$1,023,000
Suburb Market Profile
Last month Ringwood had 69 properties available for rent and 119 properties for sale. Median property prices over the last year range from $1,023,000 for houses to $645,000 for units. If you are looking for an investment property, consider houses in Ringwood rent out for $650 PW with an annual rental yield of 3.5% and units rent for $560 PW with a rental yield of 4.5%. Ringwood has seen an annual compound growth rate of -1.7% for houses and 4.0% for units.
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