Ringwood East, 3135 ranked 444th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ringwood East is one of 2098 in our list for VIC
Ringwood East,3135 was ranked 1245 in Australia by increase in median property value over the quarter.
At number 160th of VIC’s most discounted properties, Ringwood East is in the bottom 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 10.92 sales per month, which equates to 131 per year.
If you compare the increase in value of investment property in Ringwood East, 3135 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -4.30%.
Across a shorter period, Ringwood East, 3135 has seen a median price increase of 0.13% over the last quarter.
Our latest figures would indicate that property sellers in Ringwood East are currently offering property investors an average price cut of -4.51% below the asking price at the moment.
Situated 25.31km from the CBD, Ringwood East is one of Maroondah localities in the postcode 3135.