With a capital gain of 2.83% for the last 12 months, Ringwood North, 3134 has performed for property investments than its average annual 7.74% property growth over the last 5 years.
Ringwood North,3134 was ranked 2336 in Australia by increase in median property value over the quarter.
Ringwood North, 3134 is offering VIC ‘s 167th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.
Renters in Suburb are facing rents around $24960 per annum or $480 every week.
Ringwood North is in the TOP 10% in VIC when comparing median price capital growth over the last year. Ringwood North gave property investors a very good capital gain figure when compared to the rest of the state, with 21.80%.
Taking the average capital gain, or increase in median house value, Ringwood North,3134 has racked up an average of 21.80% over the period. This ranks it number 189th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $380 weekly from the median priced house in this suburb.