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
5/4-6 Arlington St, Ringwood2PriceUnitSold Before Auction18/07/2024Barry PlantView
16A Reserve Rd, Ringwood3PriceHouse (Res)Private Sale5/07/2024Letsell Real EstateView
20 Tandarra Dr, RingwoodPriceHouse (Res)Private Sale9/08/2021Jellis Craig
110/1B Nelson St, Ringwood2PriceApartmentPassed in at Auction20/07/2024Ray White Forest Hill
8 Clipper Ct, Ringwood3PriceHouse (Res)Private Sale3/07/2024Barry PlantView
5 Gilston Way, Ringwood4PriceHouse (Res)Private Sale28/06/2024HoskinsView
1/14 Belle Vue Av, Ringwood2PriceHouse (Res)Private Sale26/05/2024Noel JonesView

Sales data

Median sale price
$1mil
Quarterly price change
-6.8%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsRingwoodMetro comparison
2$751,000$902,500
3$950,000$810,000
4$1,100,000$955,000
InsightRingwoodMetro comparison
Clearance rate71.1%73.8%
Days on market3442

Rental data

Median weekly rent
$590
Rental yield
3.1%
Metro Melbourne Comparison
$560
3.2%
BedroomsRingwoodMetro comparison
2$500$550
3$575$540
4$650$580
Median data for the current quarter
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