Investment property in Ringwood East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.61%
Ringwood East,3135 has offered an average of 4.61% return per annum in house price rises to property investors over the last three years.
Ringwood East3135 is located in VIC which offers an average discount of -5.87% to property investors. Ringwood East itself is showing figures that indicate -7.51% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $395 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 4.26% which means that Ringwood East, 3135 has done well for property investors by showing a capital gain of -0.18% over the last year
The five-year average increase in median property values for Ringwood East,3135 has given property investors a potential capital gain of 42.11% across each of those five years.
Ringwood East, 3135 is offering VIC ‘s 196th 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.
Ringwood East is 305th on a list of best yielding suburbs for rents in VIC with a 3.37% return