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.
Median Weekly Rent | $398.29 |
Median Monthly Mortgage | $2074.21 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.71 |
Average Age | 39.64 |
Average Income | $871.21 |
Average Cars Per Dwelling | 1.78 |
Average Properties Within 50M | 13 |
1 Bed  $955,000 |
2 Bed  $804,000 |
3 Bed  $1,267,000 |
4 Bed  $1,579,000 |
5 Bed  $1,827,000 |
6 Bed+$1,713,000 |
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.
UNIT 4, 41 SUNBEAM AV, RINGWOOD EAST, VIC, 3135 | 2 | 1 | 2 | For Sale $690,000 - $740,000 | |
UNIT 1, 13 SUNBEAM AV, RINGWOOD EAST, VIC, 3135 | 3 | 1 | 1 | For Sale $820,000 - $880,000 | |
25 DUBLIN RD, RINGWOOD EAST, VIC, 3135 | 4 | 2 | 1 | For Sale $950,000 - $1,045,000 | |
20 SEARES DR, RINGWOOD EAST, VIC, 3135 | 4 | 1 | 2 | Auction $800,000 - $880,000 | |
5A VALDA AV, RINGWOOD EAST, VIC, 3135 | 2 | 1 | 2 | Contact agent | |
UNIT 2, 4 LOIS ST, RINGWOOD EAST, VIC, 3135 | 0 | 0 | 0 | Contact Agent | |
UNIT 2, 11 VICTORIA ST, RINGWOOD EAST, VIC, 3135 | 3 | 2 | 2 | 850000 | |
UNIT 2, 17 MINES RD, RINGWOOD EAST, VIC, 3135 | 2 | 1 | 1 | 590000 | |
10 PINEWOOD AV, RINGWOOD EAST, VIC, 3135 | 3 | 1 | $800,000 - $880,000 | ||
UNIT 3, 57 PATTERSON ST, RINGWOOD EAST, VIC, 3135 | 3 | 2 | 2 | $890,000 - $920,000 |
Tinternvale Primary School
Eastwood Primary School
Tintern Grammar
Ringwood Secondary College
Heathmont East Primary School
Melba Secondary College
Our Lady of Perpetual Help School
Great Ryrie Primary School
Kalinda Primary School
Ainslie Parklands Primary School
(While the above schools are located with the suburb of Ringwood East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 13.9 | 27.5 | 38.2 | 89.7 | 2.7 | 25.0 |
Feb | 2.3 | 14.2 | 27.6 | 39.8 | 90.0 | 2.4 | 21.0 |
Mar | 1.6 | 12.7 | 24.6 | 44.4 | 90.7 | 2.2 | 15.4 |
Apr | 2.7 | 10.0 | 20.7 | 48.4 | 93.0 | 1.9 | 11.1 |
May | 2.3 | 8.0 | 16.8 | 56.1 | 92.3 | 2.1 | 8.2 |
Jun | 2.2 | 5.7 | 14.0 | 61.3 | 94.8 | 1.9 | 7.3 |
Jul | 2.0 | 6.5 | 13.8 | 59.1 | 91.3 | 2.5 | 7.2 |
Aug | 2.4 | 6.5 | 14.6 | 52.6 | 89.9 | 2.8 | 9.7 |
Sept | 2.5 | 7.9 | 17.7 | 47.2 | 89.9 | 2.8 | 14.1 |
Oct | 2.2 | 8.9 | 20.5 | 46.2 | 91.2 | 2.6 | 19.7 |
Nov | 3.0 | 10.9 | 22.8 | 45.3 | 93.3 | 2.5 | 22.0 |
Dec | 3.4 | 12.2 | 24.9 | 42.2 | 91.3 | 2.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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