Market snapshot
Suburb insights for Ringwood3134
Change suburbRingwood 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
Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
---|---|---|---|---|---|---|---|
5/4-6 Arlington St, Ringwood | 2 | Unit | Sold Before Auction | 18/07/2024 | Barry Plant | View | |
16A Reserve Rd, Ringwood | 3 | House (Res) | Private Sale | 5/07/2024 | Letsell Real Estate | View | |
20 Tandarra Dr, Ringwood | House (Res) | Private Sale | 9/08/2021 | Jellis Craig | |||
110/1B Nelson St, Ringwood | 2 | Apartment | Passed in at Auction | 20/07/2024 | Ray White Forest Hill | ||
8 Clipper Ct, Ringwood | 3 | House (Res) | Private Sale | 3/07/2024 | Barry Plant | View | |
5 Gilston Way, Ringwood | 4 | House (Res) | Private Sale | 28/06/2024 | Hoskins | View | |
1/14 Belle Vue Av, Ringwood | 2 | House (Res) | Private Sale | 26/05/2024 | Noel Jones | View |
Sales data
Median sale price
$1mil
Quarterly price change
-6.8%
Metro Melbourne Comparison
$912k
-1.5%
Bedrooms | Ringwood | Metro comparison |
---|---|---|
2 | $751,000 | $902,500 |
3 | $950,000 | $810,000 |
4 | $1,100,000 | $955,000 |
Insight | Ringwood | Metro comparison |
---|---|---|
Clearance rate | 71.1% | 73.8% |
Days on market | 34 | 42 |
Rental data
Median weekly rent
$590
Rental yield
3.1%
Metro Melbourne Comparison
$560
3.2%
Bedrooms | Ringwood | Metro comparison |
---|---|---|
2 | $500 | $550 |
3 | $575 | $540 |
4 | $650 | $580 |
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