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 3.4% and has experienced a 12-month capital growth of Up 0.3%, 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
$835,000
$1,005,000
$1,170,000
$1,023,000
Suburb Market Profile
Last month Ringwood had 70 properties available for rent and 102 properties for sale. Median property prices over the last year range from $1,023,000 for houses to $643,000 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 3.4% and units rent for $550 PW with a rental yield of 4.4%. Ringwood has seen an annual compound growth rate of 0.3% for houses and 3.7% for units.