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 |
|---|---|---|---|---|---|---|---|
| 5A Andrew St, Ringwood | 2 |  | Unit | Auction Sale | 22/11/2024 | CHN Box Hill | |
| 6 Caroline St, Ringwood | 2 |  | House (Res) | Auction Sale | 22/11/2024 | Jellis Craig | View |
| 2 Montanus Ct, Ringwood | 4 |  | House (Res) | Auction Sale | 22/11/2024 | Jellis Craig | View |
| 1/107 New St, Ringwood | 3 | | House (Res) | Passed in at Auction | 22/11/2024 | Barry Plant | View |
| 12 Gilston Way, Ringwood | 4 |  | House (Res) | Auction Sale | 21/11/2024 | Jellis Craig | View |
| 12 Marilyn Cr, Ringwood | 3 |  | House (Res) | Auction Sale | 18/11/2024 | Jellis Craig | View |
Sales data
Median sale price
$1mil
Quarterly price change
1.9%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Ringwood | Metro comparison |
|---|---|---|
| 2 | $742,125 | $902,000 |
| 3 | $950,000 | $807,500 |
| 4 | $1,147,000 | $950,000 |
| Insight | Ringwood | Metro comparison |
|---|---|---|
| Clearance rate | 71.7% | 73.3% |
| Days on market | 34 | 42 |
Rental data
Median weekly rent
$600
Rental yield
3.1%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Ringwood | Metro comparison |
|---|---|---|
| 2 | $500 | $560 |
| 3 | $580 | $550 |
| 4 | $670 | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.