At number 453th in the list of Australian suburbs ordered by increase in median house value over the last year, Ringwood East, 3135 is in the top 20% with a property value increase of 16.49% recorded in median house prices.
Over the longer term, Ringwood East has seen property prices show investors a 53.36% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ringwood East, 3135. Typically our figures indicate that -4.30% is being offered, which puts this VIC suburb at 3031th most discounted overall in Australia.
Often selling an investment property can take time, and in Ringwood East the average time real estate has been on the market is 61.29 days.
Situated 25.61km from the CBD, Ringwood East is one of Maroondah localities in the postcode 3135.
VIC has seen average median house prices change by 3.56% which means that Ringwood East, 3135 has done well for property investors by showing a capital gain of 8.15% over the last year
Across a shorter period, Ringwood East, 3135 has seen a median price increase of -5.22% over the last quarter.
At number 263th of VIC’s most discounted properties, Ringwood East is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Ringwood East is 316th on a list of best yielding suburbs for rents in VIC with a 3.30% return