Over the last year, property investments in Ringwood East, 3135 have given investors a capital gain of 8.18%. This compares badly with the 10.83% for VIC as a whole.
Over the longer term, Ringwood East has seen property prices show investors a 44.83% 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 -6.26% is being offered, which puts this VIC suburb at 1455th 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 51.15 days.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Ringwood East has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.91% to date .
Comparing Ringwood East,3135 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Ringwood East3135 is located in VIC which offers an average discount of -4.83% to property investors. Ringwood East itself is showing figures that indicate -4.98% is the average achievable by property buyers investing in the suburb.
Ringwood East, 3135’s gross rental yield is 3.08%