VIC has seen average median house prices change by 9.78% which means that Ringwood North, 3134 has done well for property investors by showing a capital gain of 13.32% over the last year
Comparing Ringwood North,3134 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Ringwood North are currently offering property investors an average price cut of -1.28% below the asking price at the moment.
Situated 23.56km from the CBD, Ringwood North is one of Maroondah localities in the postcode 3134.
Ringwood North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 16.67% to date .
The five-year average increase in median property values for Ringwood North,3134 has given property investors a potential capital gain of 52.51% across each of those five years.
Ringwood North is 362th on a list of best yielding suburbs for rents in VIC with a 2.60% return