Market snapshot

Suburb insights for Ringwood North3134

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Ringwood North is located 24 km east of the CBD. Ringwood North is primarily residential in nature but also features significant tracts of recreational reserves and parklands. The area is relatively affluent predominantly comprised of families although the population has aged with fewer young parents. The suburb also features Quambee and the B.J Hubbard Reserves and the Gracedale Nursing Home and Private Hospital.

Sales data

Median sale price
$1.3mil
Quarterly price change
-2.7%
Metro Melbourne Comparison
$929k
2%
BedroomsRingwood NorthMetro comparison
2-$920,000
3$1,015,000$810,000
4$1,340,000$965,000
InsightRingwood NorthMetro comparison
Clearance rate75.3%
Days on market2540

Rental data

Median weekly rent
$660
Rental yield
2.6%
Metro Melbourne Comparison
$550
3.1%
BedroomsRingwood NorthMetro comparison
2-$550
3$585$520
4$688$575
Median data for the current quarter

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