Ringwood East, VIC 3135
Compare Part of Maroondah
24.99 km
Distance from Melbourne CBD
17 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 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 | $1,010,000 | +1.0% | $510,000 | $2,740,000 | 128 |
Median Sale Price
$1.01M
Based on 128 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+1.0%
Current Median Price: $1,010,000
Previous Median Price: $1,000,000
Based on 252 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 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 | $450 | 0.0% | $330 | $1,200 | 96 |
| 2022 | $480 | +6.3% | $330 | $1,260 | 111 |
| 2023 | $520 | +7.7% | $400 | $850 | 118 |
| 2024 | $595 | +12.6% | $440 | $1,000 | 78 |
Median Rent Price
$590
per week
Based on 80 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+11.9%
Current Median Rent: $590
Previous Median Rent: $520
Based on 199 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,010,000
Current Median rent: $590
Based on 208 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Ringwood East
Houses sold in Last 12 months ends 21 Dec 2024
$1.11M
Median Sale Price
79%
Clearance Rate
33/42
Sold/Reported
$1.81M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M (Median Price Range) | 10 | |
| $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 |