Ringwood VIC 3134

Here you can find what you need to know about Ringwood, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$828k Median Sale Price (National Average $485k) 201st In VIC
-8.06% Median Price Change (1 yr) (National Average 4.30%) 2577th In VIC
$430pw Median Rent (National Average $395) 256th In VIC
2.7% Median Gross Yield (National Average 4.24%) 500th In VIC
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Properties sold 212
Average discounting -6.12%
Average Days on Market 53
Stock on Market 22 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ringwood, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ringwood, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ringwood, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Ringwood


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Latest Auction Results for Ringwood as at 23 June 2019

Property Details
Sale Price
3Bed / 2Bath / 1Car / Unit
$790,000

State Auction Clearance Rates - June 2019

Auctions Clearance rate
VIC 644 70%
ACT 40 55%
NSW 551 67%
NT 7 0%
QLD 114 35%
SA 103 55%
TAS 3 50%
WA 25 17%

Local Schools


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Suburb Information

Ringwood, VIC 3134

Part of: Maroondah Council No data available

The size of Ringwood is approximately 10.2 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Ringwood in 2011 was 16,008 people. By 2016 the population was 17,450 showing a population growth of 9.0% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation. In 2011, 62.7% of the homes in Ringwood were owner-occupied compared with 58.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ringwood

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Ringwood   for Houses in last 12 months


There have been 204 Houses sold in Ringwood in the past 12 months with a median sale price of $810K, up -10.94% annually. It takes on average 55 days to sell with vendor discounting of -6.25%.

Streets in Ringwood


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Ringwood North VIC, 3134 -5.52% $908,000 $495pw 2.8% View Suburb Profile
Ringwood East VIC, 3135 -6.66% $840,500 $420pw 2.6% View Suburb Profile
Croydon VIC, 3136 -8.92% $725,000 $430pw 3.1% View Suburb Profile
Mitcham VIC, 3132 -10.48% $940,000 $460pw 2.5% View Suburb Profile
Blackburn VIC, 3130 -10.11% $1,267,500 $480pw 2.0% View Suburb Profile
Heathmont VIC, 3135 -1.08% $920,000 $440pw 2.5% View Suburb Profile