Thinking about buying in Ringwood? Now could not be a better time, with 13984 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,107,000 with prices in this suburb ranging from $293,000 to $12,326,000. The aproximate distance to the coast is 21 Km.
Median Weekly Rent | $392.44 |
Median Monthly Mortgage | $1925.74 |
Median Persons Per Bedroom | 0.85 |
Average Household Size | 2.54 |
Average Age | 38.90 |
Average Income | $820.26 |
Average Cars Per Dwelling | 1.59 |
Average Properties Within 50M | 80 |
1 Bed  $655,000 |
2 Bed  $786,000 |
3 Bed  $1,326,000 |
4 Bed  $1,599,000 |
5 Bed  $1,990,000 |
6 Bed+$1,808,000 |
Consistent high demand relative to supply is a key feature in Ringwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Ringwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Ringwood 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. Medium density in Ringwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
Mullum Primary School
Kalinda Primary School
Norwood Secondary College
Ringwood Secondary College
Our Lady of Perpetual Help School
Aquinas College
Yarra Valley Grammar
Great Ryrie Primary School
Heathmont College
Good Shepherd Lutheran Primary School
(While the above schools are located with the suburb of Ringwood 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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