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City of Maroondah
Ringwood

Ringwood Property Market
& Suburb Profile

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MEDIAN PRICES IN RINGWOOD

Median house price

(all agencies, last 12 months)$1.0m*

House price change

(all agencies, last 12 months)+3.57%

Median unit price

(all agencies, last 12 months)$640k*

Unit price change

(all agencies, last 12 months)+0.71%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

RINGWOOD PRICE TRACKER

HousesUnits

RINGWOOD SALES OVERVIEW

  • Sold by Auction 52%
  • Sold by Private Sale or Other Method 48%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)31

Auction clearance rate in Ringwood

(all agencies, last 12 months)55%

Average held period in Ringwood

(proptrack)14 years

RINGWOOD INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$668pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$577pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.4%

Average rental yield for Units

(all agencies, last 12 months)4.37%

Ringwood total population size

(as at the last census)19,144

Median household size in Ringwood

(as at the last census)2.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

RINGWOOD PROPERTY TYPES

  • Houses 24%
  • Units 43%
  • Other 33%

OCCUPANCY IN RINGWOOD

  • Owned 58%
  • Rented 39%
  • Other/Not Stated 3%
  • Singles 30%
  • Families 65%
  • Other 4%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT RINGWOOD

Ringwood is a premier metropolitan activity centre and a pivotal gateway to Melbourne’s outer eastern suburbs and the Yarra Valley. It is defined by its dramatic evolution from a traditional residential suburb into a high-density commercial and retail powerhouse, successfully balancing its role as a major transport hub with extensive natural parklands and a burgeoning arts culture.

The suburb is recognised for its high degree of connectivity, elite shopping facilities, and a diverse housing market that caters to young professionals and established families alike.

The lifestyle in Ringwood is anchored by the Eastland Shopping Centre, a world-class retail and lifestyle destination that serves as the region’s primary social hub. This precinct features an outdoor town square lined with sophisticated restaurants and cafes, a state-of-the-art library and community hub known as Realm, and a variety of entertainment options.

For recreation, residents look to Ringwood Lake Park, a scenic reserve offering walking trails, a large lake, and significant play spaces set within a canopy of native trees. The suburb also boasts premier sporting facilities, including the Aquanation regional aquatic centre and various athletics and golf clubs, ensuring a highly active and engaged community environment.

Infrastructure and transit are the primary drivers of Ringwood's metropolitan status. The suburb is a major interchange on the rail network, providing frequent services to the CBD and surrounding districts. It is also positioned at the junction of the Maroondah Highway and EastLink, offering seamless vehicle access across Melbourne’s eastern and southern corridors. Ongoing transport strategies focus on enhancing active transit, with a significant emphasis on expanding the shared user pathway networks—such as the link between Ringwood and Croydon - to encourage walking and cycling. These improvements aim to create a more integrated and accessible urban environment that reduces car dependency while supporting the suburb's growing population.

Education is a fundamental pillar of the Ringwood community, supported by a wealth of high-performing institutions. Ringwood Secondary College is the suburb's flagship government school, highly regarded for its academic excellence and its renowned performing arts and music programs. The suburb also hosts several quality primary schools, such as Mullum Primary and Kalinda Primary, alongside prestigious independent and Catholic options like Yarra Valley Grammar and Aquinas College. These schools are deeply integrated into the local fabric, providing comprehensive educational pathways and acting as central points for community engagement and youth development.

From a property perspective, Ringwood is a resilient and diverse market characterized by a mix of traditional detached homes on leafy streets and a rapidly growing sector of modern, medium-density apartments and townhouses. The housing stock reflects the suburb's transition, with original brick-veneer family homes existing alongside contemporary luxury developments near the commercial heart. The market is defined by its stability and strong demand, driven by its status as an employment hub and its elite amenities. With its unique combination of metropolitan convenience, world-class shopping, and proximity to the natural beauty of the Dandenong Ranges, Ringwood remains a premier residential destination in Melbourne’s east.

Education

Aquinas College
Kalinda Primary School
Mullum Primary School
Norwood Secondary College
Our Lady of Perpetual Help School
Ringwood Secondary College
Yarra Valley Grammar
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RINGWOOD MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025469$841,5003.57%596$623pw3.89%
2024467$818,5001.21%637$574pw3.79%
2023397$815,000-2.93%647$533pw3.44%
2022436$822,5001.38%738$474pw3.19%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025469$841,500+3.57%
2024467$818,500+1.21%
2023397$815,000-2.93%
2022436$822,500+1.38%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025596$623pw3.89%
2024637$574pw3.79%
2023647$533pw3.44%
2022738$474pw3.19%

PROUDLY SERVICING Ringwood

Barry Plant
Ringwood & Heathmont

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.