With a capital gain of -13.62% for the last 12 months, Ringwood East, 3135 has performed for property investments than its average annual 6.44% property growth over the last 5 years.
Comparing Ringwood East,3135 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Ringwood East, 3135 is offering VIC ‘s 349th 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.
In the last year 120 properties changed hands in Ringwood East, which puts it as the 175th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $430 mark per week – giving a return of 2.95% based on the median price in Suburb
Ringwood East has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -13.67% to date .
A 35.22% growth in median value for property investors in Ringwood East,3135 puts this suburb at number 296th in terms of best performing suburbs in VIC
Ringwood East3135 is located in VIC which offers an average discount of -6.24% to property investors. Ringwood East itself is showing figures that indicate -7.19% is the average achievable by property buyers investing in the suburb.
In the last year 60 properties changed hands in Ringwood East, which puts it as the 98th most active market in VIC when comparing the number of sales per suburb.