Ringwood East offers excellent value on the Lilydale train line — a practical outer-east suburb where direct train access to CBD in 33 minutes, Mullum Mullum Creek Trail's beautiful walking and cycling corridor, and consistently affordable house prices attract young families and investors seeking outer-east capital growth potential. As Ringwood's Eastland Shopping Centre establishes itself as Melbourne's east's premier retail destination, Ringwood East's improving amenity and transport links are driving renewed buyer interest and price growth. At the current $880k median house price, an 80% loan at 6.25% over 30 years is about $4,335 per month.
| Median house price | $880,000 |
|---|---|
| Median unit price | $550,000 |
| Estimated monthly repayment | $4,335 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 4% |
| Typical days on market | 14 |
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