Market snapshot

Suburb insights for Ringwood East3135

Change suburb

Ringwood East is located 25 km east of the CBD. Like many other established suburbs in Melbourne Ringwood East's population has fallen and aged over the last 20 years. The suburb is primarily residential in nature with some light commercial areas. Ringwood East is traversed by the Lilydale railway line and features Wombolano Park the Maroondah Hospital the Karralyka Theatre and the City of Maroondah council offices.

Recent sales and auction results in Ringwood East

AddressBedroomsPriceTypeMethodSale DateAgentListing
1 Buronga Av, Ringwood East4PriceHouse (Res)Private Sale28/05/2024Jellis CraigView
2/51 Mt Dandenong Rd, Ringwood East2PriceUnitPrivate Sale27/05/2024Jellis CraigView

Sales data

Median sale price
$1.1mil
Quarterly price change
14.6%
Metro Melbourne Comparison
$929k
2%
BedroomsRingwood EastMetro comparison
2-$920,000
3$950,000$810,000
4$1,190,000$965,000
InsightRingwood EastMetro comparison
Clearance rate100%75.3%
Days on market2540

Rental data

Median weekly rent
$530
Rental yield
2.7%
Metro Melbourne Comparison
$550
3.1%
BedroomsRingwood EastMetro comparison
2$460$550
3$520$520
4$675$575
Median data for the current quarter

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.