How Much Is My Home Worth In Ringwood?

Real Estate Appraisal Ringwood VIC 3134

The median price for a house in Ringwood is $ $1,000,000 as of January 28, 2025. A median-priced unit is. $620,000. There have been 132 houses and 201 units sold in the last year. The annual compound growth for houses in Ringwood is 0.4% and for units, it is -0.4%.

Selling a house in Ringwood takes 28 days and selling a unit takes 35 days. As an investment the annual rental yield for a house is 10.7% and for a unit, it is 13.3%.

House prices and rent returns in Ringwood.

• 2 bedroom home $780,000 per week $515
• 3 bedroom home $956,900 Rent per week $600
• 4 bedroom home $1,157,000 Rent per week $700

Unit prices and rent returns in Ringwood.

• 1 bedroom unit $460,000 Rent per week $460
• 2 bedroom unit $560,000 Rent per week $500
• 3 bedroom unit $795,000 Rent per week $622

*Data sourced from Realestate.com

Free Real Estate Appraisal Ringwood

Selling your house in Ringwood? 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

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
Ringwood is located just 23 kilometres east of the Melbourne CBD covering a land size of approximately 10.2 kilometres. This area is covered by 22 parks which account for 7.5% of the total area of Ringwood. 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 16,008 was calculated in 2011 however as of 2016 we saw a 9% growth in the population taking Ringwood to a total of 17,450.

Looking further into what the average household consists of in Ringwood we find that predominately couples with children occupy these spaces. With this, most people living in Ringwood 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
There are 5 schools local to Ringwood

• Our Lady of Perpetual Help School
• Aquinas College
• St Mary’s College for the Deaf – Ringwood Campus
• Ringwood Secondary College
• Great Ryrie Primary School

Ringwood Real Estate Agent 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

Recently Sold Property in Ringwood by OBrien Real Estate

Please browse our list of recent house sales.