How Much Is My Home Worth In Ringwood East?

Real Estate Appraisal Ringwood East Vic 3135

The median price for a house in Ringwood East is $ $1,005,000 as of June 25, 2024. A median-priced unit is. $690,000. There have been 120 houses and 78 units sold in the last year. Consider renting out homes in Ringwood East for $570 PW, which has an annual rental return of 3.1%, or apartments for $470 PW, which has an annual rental yield of 3.7%, if you’re searching for an investment property. For homes in Ringwood East, the annual compound growth rate is 4.1%, while for apartments, it is -1.4%.

The Demand to Supply Ratio or DSR rating has houses and units or apartments as average. Houses remain on average for 21 days on the market and units take 23 days until they are sold. (Data sourced from CoreLogic)


House prices and rent returns in Ringwood East.

  • 2 bedroom home $758,750 Rent per week $460
  • 3 bedroom home $989,500 Rent per week $560
  • 4 bedroom home $1,130,000 Rent per week $665

Unit prices and rent returns in Ringwood East.

  • 2 bedroom unit $654,000 Rent per week $450
  • 3 bedroom unit $838,000 Rent per week $550

*Data sourced from Realestate.com

Free Real Estate Appraisal Ringwood East

Selling your house in Ringwood East? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Ringwood East

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3600 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.

Lifestyle in Ringwood East
Ringwood is located just 30 kilometres east of the Melbourne CBD covering a land size of approximately 4.7 kilometres. This area is covered by 13 parks which account for 5.7 % of the total area of Ringwood East. This is a very vibrant suburb during the day and early evenings with Eastland Shopping Centre providing retail and entertainment for all ages. A population of around 9,748 was calculated in 2011 however as of 2016 we saw a 5.5 % growth in the population taking Ringwood East to a total of 10,285.

Looking further into what the average household consists of in Ringwood East we find that predominately couples with children occupy these spaces. With this, most people living in Ringwood East fall into the age bracket of 30-39 years and are commonly in a professional occupation making mortgage repayments on average between $1800 -$2399 per month.


Schools in Ringwood East
There are 4 schools local to Ringwood East

Ringwood East Real Estate Agent’s Contact Details.

Mark Brown
Director of Ringwood Office
Phone: 03 9879 6335

Mobile: 0407 685 880

 Email mark.brown@obre.com.au

Christine Turner
Director and Officer in effective control of Ringwood Office
Phone: 03 9879 6335

Mobile: 0499 944 098

 Email christine.turner@obre.com.au