Property value increases in Ringwood North have tracked just lower than the VIC average of 7.68% over the last 12 months.
Taking the average capital gain, or increase in median house value, Ringwood North,3134 has racked up an average of 4.49% over the period. This ranks it number 1217th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Ringwood North 3134 should be seeing an average reduction in asking price of around -3.91% . This means that Ringwood North is holding prices well when compared to other suburbs in VIC.
At number 154th in the list of Australian suburbs ordered by increase in median house value over the last year, Ringwood North, 3134 is in the top 10% with a property value increase of 17.27% recorded in median house prices.
While Ringwood North,3134 ranked number 10th in VIC for increase in median house value (annualised) increase, it is ranked 25th over the last 5 years.
Situated 23.94km from the CBD, Ringwood North is one of Maroondah localities in the postcode 3134.