Ringwood East, VIC 3135
Compare Part of Maroondah
24.99 km
Distance from Melbourne CBD
17 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 5 Pinewood Avenue 5 2 4 House | 11:00 AM Sat 27th Apr | Carter Real Estate |
Tue 30 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 33 Eastfield Road 4 2 2 House | 6:30 PM Tue 30th Apr | Ray White Ringwood |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 41 Canterbury Road 4 1 2 House | 2:00 PM Sat 4th May | Barry Plant |
 | 19 Fitzgerald Street 4 2 2 House | 2:00 PM Sat 4th May | Barry Plant |
 | 2 Russet Road 3 1 1 House | 2:00 PM Sat 4th May | Ray White Ringwood |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $435,000 | 0.0% | $280,000 | $1,830,000 | 161 |
| 2010 | $525,000 | +17.1% | $312,000 | $1,687,500 | 162 |
| 2011 | $520,000 | -1.0% | $335,000 | $1,250,000 | 140 |
| 2012 | $482,000 | -7.9% | $320,750 | $3,385,375 | 157 |
| 2013 | $535,000 | +9.9% | $255,000 | $980,000 | 174 |
| 2014 | $600,000 | +10.8% | $342,300 | $1,100,000 | 199 |
| 2015 | $736,000 | +18.5% | $300,000 | $1,500,000 | 160 |
| 2016 | $780,000 | +5.6% | $459,000 | $1,760,000 | 135 |
| 2017 | $910,000 | +14.3% | $435,000 | $2,676,000 | 142 |
| 2018 | $870,000 | -4.6% | $496,000 | $4,420,000 | 116 |
| 2019 | $809,000 | -7.5% | $550,000 | $1,505,000 | 95 |
| 2020 | $855,000 | +5.4% | $572,000 | $2,650,000 | 91 |
| 2021 | $1,080,000 | +20.8% | $682,000 | $2,075,000 | 129 |
| 2022 | $943,000 | -14.5% | $503,000 | $1,930,000 | 115 |
| 2023 | $1,000,000 | +5.7% | $620,000 | $2,820,000 | 124 |
| 2024 | $1,015,000 | +1.5% | $630,000 | $2,740,000 | 37 |
Median Sale Price
$1.02M
Based on 132 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+9.8%
Current Median Price: $1,019,950
Previous Median Price: $920,500
Based on 234 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $200 | $540 | 92 |
| 2012 | $350 | 0.0% | $200 | $880 | 115 |
| 2013 | $360 | +2.8% | $125 | $570 | 146 |
| 2014 | $390 | +7.7% | $135 | $600 | 130 |
| 2015 | $380 | -2.6% | $180 | $660 | 162 |
| 2016 | $390 | +2.6% | $285 | $625 | 148 |
| 2017 | $400 | +2.5% | $280 | $600 | 126 |
| 2018 | $420 | +4.8% | $280 | $700 | 119 |
| 2019 | $420 | 0.0% | $315 | $750 | 113 |
| 2020 | $450 | +6.7% | $159 | $1,200 | 117 |
| 2021 | $445 | -1.1% | $330 | $1,200 | 96 |
| 2022 | $480 | +7.3% | $330 | $1,260 | 111 |
| 2023 | $520 | +7.7% | $400 | $850 | 118 |
| 2024 | $595 | +12.6% | $440 | $1,000 | 24 |
Median Rent Price
$550
per week
Based on 102 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+10.0%
Current Median Rent: $550
Previous Median Rent: $495
Based on 214 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,019,950
Current Median rent: $550
Based on 234 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Ringwood East
Houses sold in Last 12 months ends 20 Apr 2024
$1.2M
Median Sale Price
82%
Clearance Rate
41/50
Sold/Reported
$1.92M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 7 | |
| $1.2 M - $1.4 M (Median Price Range) | 7 | |
| $1 M - $1.2 M | 8 | |
| $800 K - $1 M | 6 | |
| $600 K - $800 K | 2 | |
Similar Suburbs to Ringwood East 3135
Based on median house sale price sold in last 12 months
Schools closest to Ringwood East, VIC 3135
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Eastwood Primary School | ALEXANDRA ROADRingwood East 3135 | Primary | Government | 0.62 km |
| Tintern GrammarTop 100 | Ringwood East 3135 | Combined | Independent | 0.68 km |
| Ringwood Secondary College | BEDFORD ROADRingwood 3134 | Secondary | Government | 0.84 km |
| Great Ryrie Primary School | GREAT RYRIE STREETHeathmont 3135 | Primary | Government | 1.46 km |
| Aquinas College | THOMAS STRingwood 3134 | Secondary | Catholic | 1.53 km |
| Our Lady of Perpetual Help School | 2 WILANA STRingwood 3134 | Primary | Catholic | 1.42 km |
| Norwood Secondary College | BYRON STREETRingwood 3134 | Secondary | Government | 1.74 km |
| Mullum Primary School | 18 PANFIELD AVENUERingwood 3134 | Primary | Government | 1.84 km |
| Tinternvale Primary SchoolTop 50 | TINTERN AVENUERingwood East 3135 | Primary | Government | 1.69 km |
| Heathmont East Primary SchoolTop 100 | LOUIS STREETHeathmont 3135 | Primary | Government | 2.11 km |