If you compare the increase in value of investment property in Ringwood North, 3134 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.81%.
Taking the average capital gain, or increase in median house value, Ringwood North,3134 has racked up an average of 9.81% over the period. This ranks it number 1173th in the whole country for real estate investors looking at median house price increases.
Ringwood North3134 is located in VIC which offers an average discount of -5.87% to property investors. Ringwood North itself is showing figures that indicate -2.86% is the average achievable by property buyers investing in the suburb.
Ringwood North is 475th on a list of best yielding suburbs for rents in VIC with a 2.61% return
Ringwood North, 3134 ranked 63th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ringwood North is one of 2098 in our list for VIC
If we look at median property appreciation over just the last three months, Ringwood North has given property investors a paper return of -5.28%. This puts Suburb as 341 on a list of fastest fasting appreciating suburbs in VIC
In the last year 18 properties changed hands in Ringwood North, which puts it as the 316th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $365 weekly from the median priced house in this suburb.