Market snapshot
Suburb insights for Ringwood3134
Change suburbRingwood is located 23 km east of the CBD. Ringwood is the major commercial centre for the outer eastern suburbs with large amounts of business activity concentrated along the Maroondah Hwy. It also features Eastland and Ringwood Square shopping centres and the Ringwood Market. Ringwood is an important transport centre as the junction for the Belgrave and Lilydale railway lines and a major terminus for a number of bus services. The suburb also features Jubilee Park and the Ringwood Public Golf Course.
Recent sales and auction results in Ringwood
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 13/12 Bourke St, Ringwood | 2 |  | Apartment | Private Sale | 12/02/2025 | Barry Plant | |
| 1/4 Surrey St, Ringwood | 4 |  | Townhouse (Res) | Private Sale | 9/02/2025 | Barry Plant |
Sales data
Median sale price
$1mil
Quarterly price change
1.2%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Ringwood | Metro comparison |
|---|---|---|
| 2 | $747,000 | $888,000 |
| 3 | $950,000 | $807,000 |
| 4 | $1,186,000 | $950,000 |
| Insight | Ringwood | Metro comparison |
|---|---|---|
| Clearance rate | 74.4% | 72.6% |
| Days on market | 32 | 43 |
Rental data
Median weekly rent
$620
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Ringwood | Metro comparison |
|---|---|---|
| 2 | $523 | $575 |
| 3 | $580 | $550 |
| 4 | $695 | $600 |
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