Thinking about buying in Ringwood East? Now could not be a better time, with 5651 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,184,000 with prices in this suburb ranging from $113,000 to $4,288,000. The aproximate distance to the coast is 23 Km.

Ringwood East Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Ringwood East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ringwood East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Ringwood East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ringwood East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Ringwood East

	25 dublin rd, ringwood east, vic, 3135	4	2	1	For Sale $950,000 - $1,045,000
	unit 2, 4 lois st, ringwood east, vic, 3135	0	0	0	Contact Agent
	11 russet rd, ringwood east, vic, 3135	3	1	2	1000000
	unit 3, 57 patterson st, ringwood east, vic, 3135	3	2	2	$890,000 - $920,000

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General Points of Interest

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