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Ringwood
QLD, 4343 - Lockyer Valley

Thinking about buying in Ringwood? Now could not be a better time, with just 41 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $569,000 with prices in this suburb ranging from $473,000 to $2,129,000. The aproximate distance to the coast is 83 Km.

Household Makeup

Median Weekly Rent $360.00
Median Monthly Mortgage $1733.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 37.00
Average Income $659.00
Average Cars Per Dwelling 2.48
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $575,000
3 Bed  $2,128,000
5 Bed  $1,352,000

Ringwood Real Estate Market Outlook

In Ringwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Ringwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Ringwood leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Ringwood the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Ringwood there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Ringwood weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.31633.521.775.94.227.4
Feb2.11631.728.081.33.623.4
Mar1.313.328.032.083.83.519.1
Apr1.39.723.240.390.03.014.4
May1.06.018.053.295.82.810.4
Jun1.23.714.266.496.72.68.3
Jul1.53.813.866.997.63.08.7
Aug1.33.515.257.095.63.011.8
Sept1.45.118.946.495.63.416.3
Oct1.07.624.13492.83.521.5
Nov1.411.328.026.887.43.925.0
Dec1.814.231.322.479.34.028.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

12-04-2023 $3,680,000 140 URALLA LANE
27-01-2023 $3,840,000 699 HUMEDEN RD
19-01-2023 $6,600,000 160 SANDFORD RD
25-08-2022 $330,000 2218 REDLANDS RD
28-02-2022 $2,200,000 9 ELOUERA RD
19-05-2021 $2,432,000 699 HUMEDEN RD
28-02-2020 $4,038,110 1623 REDLANDS RD
20-12-2018 $670,000 513 BURNEWANG RD
26-11-2018 $191,000 2218 REDLANDS RD
07-03-2018 $350,000 442 BURNEWANG RD
26-02-2016 $2,462,500 1623 REDLANDS RD
16-08-2013 $794,688 467 HUMEDEN RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Placid HillsGranthamGattonAdareVinegar HillSeventeen MileLower TenthillWinwillVeradillaHelidon


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