Market snapshot

Suburb insights for Ringwood East3135

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Ringwood East is located 25 km east of the CBD. Like many other established suburbs in Melbourne Ringwood East's population has fallen and aged over the last 20 years. The suburb is primarily residential in nature with some light commercial areas. Ringwood East is traversed by the Lilydale railway line and features Wombolano Park the Maroondah Hospital the Karralyka Theatre and the City of Maroondah council offices.

Sales data

Median sale price
$963k
Quarterly price change
-15.6%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsRingwood EastMetro comparison
2-$902,500
3$950,000$810,000
4$1,177,500$955,000
InsightRingwood EastMetro comparison
Clearance rate77.8%73.8%
Days on market2642

Rental data

Median weekly rent
$560
Rental yield
2.8%
Metro Melbourne Comparison
$560
3.2%
BedroomsRingwood EastMetro comparison
2-$550
3$550$540
4$680$580
Median data for the current quarter
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