Over the last year, property investments in Ringwood East, 3135 have given investors a capital gain of 9.47%. This compares badly with the 11.41% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Ringwood East comes in at number 123th in VIC.
Property investors looking for a bargain in Ringwood East should be aiming for at least -4.93% off the asking price, which is the average vendor discount being achieved at the moment.
At number 538 in a list of fastest selling suburbs, Ringwood East is in the TOP 20% of suburbs in Australia with an average of days on market 43.69 for properties listed there.
The VIC suburb of Ringwood East, 3135 is in the Maroondah local government area.
VIC has seen average median house prices change by 5.66% which means that Ringwood East, 3135 has done well for property investors by showing a capital gain of 12.96% over the last year
Ringwood East,3135 was ranked 182 in Australia by increase in median property value over the quarter.
Ringwood East, 3135 is offering VIC ‘s 147th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.