Ringwood is Melbourne's eastern suburban gateway, home to Eastland Shopping Centre and a major railway junction linking the Belgrave and Lilydale lines. The Ringwood Activity Centre redevelopment has delivered premium mixed-use development, making it a transforming suburb with strong upside. At the current $870k median house price, an 80% loan at 6.25% over 30 years is about $4,285 per month.
| Median house price | $870,000 |
|---|---|
| Median unit price | $565,000 |
| Estimated monthly repayment | $4,285 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 3.8% |
| Gross rental yield | 3.6% |
| Typical days on market | 24 |
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