Market snapshot

Suburb insights for Ringwood3134

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Ringwood is located 23 km east of the CBD. Ringwood is the major commercial centre for the outer eastern suburbs with large amounts of business activity concentrated along the Maroondah Hwy. It also features Eastland and Ringwood Square shopping centres and the Ringwood Market. Ringwood is an important transport centre as the junction for the Belgrave and Lilydale railway lines and a major terminus for a number of bus services. The suburb also features Jubilee Park and the Ringwood Public Golf Course.

Recent sales and auction results in Ringwood

AddressBedroomsPriceTypeMethodSale DateAgentListing
3 Alma Ct, Ringwood4PriceHouse (Res)Auction Sale22/06/2024Biggin & ScottView
2/82 Wantirna Rd, RingwoodPriceUnitAuction Sale22/06/2024CHN Box Hill
2/23 Bedford Rd, Ringwood2PriceUnitPrivate Sale13/06/2024Jellis Craig
7/35-39 Bourke St, Ringwood3PriceTownhouse (Res)Private Sale5/06/2024Jellis CraigView
10 Stonington Pl, Ringwood4PriceHouse (Res)Private Sale5/06/2024Jellis CraigView
10/330-336 Canterbury Rd, RingwoodPriceUnitAuction Sale22/06/2024Noel JonesView
373 Maroondah Hwy, Ringwood3PriceHouse (Res)Auction Sale22/06/2024Mcgrath
3/43-45 Warrandyte Rd, Ringwood2PriceUnitPrivate Sale3/06/2024Jellis CraigView

Sales data

Median sale price
$1.1mil
Quarterly price change
9.5%
Metro Melbourne Comparison
$929k
2%
BedroomsRingwoodMetro comparison
2$740,000$920,000
3$941,250$810,000
4$1,141,000$965,000
InsightRingwoodMetro comparison
Clearance rate80.8%75.3%
Days on market3440

Rental data

Median weekly rent
$580
Rental yield
3%
Metro Melbourne Comparison
$550
3.1%
BedroomsRingwoodMetro comparison
2$480$550
3$570$520
4$650$575
Median data for the current quarter

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