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
301/92 Maroondah Hwy, Ringwood1PriceApartmentPrivate Sale17/12/2024Barry Plant
4/20 Wingrove Pl, Ringwood3PriceTownhouse (Res)Private Sale10/12/2024Jellis CraigView
7/22 Bourke St, Ringwood2PriceApartmentPrivate Sale9/12/2024Jellis CraigView
G02/1B Nelson St, Ringwood2PriceApartmentPrivate Sale9/12/2024Jellis CraigView
3 Tandarra Dr, Ringwood4PriceHouse (Res)Private Sale1/12/2024HoskinsView
130 Plymouth Rd, Ringwood4PriceHouse (Res)Private Sale27/11/2024Hoskins
4/21 Harrison St, Ringwood2PriceUnitPrivate Sale19/12/2024Barry Plant
11 Tunbury Cl, Ringwood4PriceHouse (Res)Private Sale11/12/2024Jellis CraigView

Sales data

Median sale price
$1mil
Quarterly price change
1.2%
Metro Melbourne Comparison
$895k
-2.1%
BedroomsRingwoodMetro comparison
2$747,000$888,000
3$950,000$807,000
4$1,186,000$950,000
InsightRingwoodMetro comparison
Clearance rate74.4%72.6%
Days on market3243

Rental data

Median weekly rent
$620
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsRingwoodMetro comparison
2$523$575
3$580$550
4$695$600
Median data for the current quarter
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