UNIT 3,
22 FREEMAN STREET RINGWOOD EAST VIC 3135

About Ringwood East

With an average age of 38, households expect an average monthly mortgage payment of $1,759 or a weekly rent payment of $354. The average family earns a weekly income of $1,656 with a typical household size of 2 and a 98.05% employment rate.

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.

Public Transport

Mitcham Stop 74: Stanley Road Stop 75: Vermont South Shopping Centre Stop 75: Vermont South Shopping Centre Croydon Mooroolbark Bayswater Boronia Ringwood East Heathmont

General Points of Interest

Wantirna Golf Range Sunclock Montrose War Memorial Neighbours Backlot War Memorial Doncaster Action Indoor Sports Melbourne School of Theology Ringwood Golf Course Swinburne University of Technology - Wantirna Campus Vermont South Shopping Centre

Population

(Country of Birth not stated 5%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Eastwood Primary School Ringwood Secondary College

• Aquinas College

  Ringwood, VIC, 3134 Independent 7-12

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• Melba Secondary College

  Croydon, VIC, 3136 State 7-12

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• Our Lady of Perpetual Help School

  Ringwood, VIC, 3134 Independent Prep-6

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• Tintern Grammar

  Ringwood East, VIC, 3135 Independent Prep-12

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• Tinternvale Primary School

  Ringwood East, VIC, 3135 State Prep-6

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• Mullum Primary School

  Ringwood, VIC, 3134 State Prep-6

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• Eastwood Primary School

  Ringwood East, VIC, 3135 State Prep-6

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• Ringwood Secondary College

  Ringwood, VIC, 3134 State 7-12

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• Great Ryrie Primary School

  Heathmont, VIC, 3135 State Prep-6

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• Norwood Secondary College

  Ringwood, VIC, 3134 State 7-12

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website