Ringwood
The median rent for a 2-bedroom unit in Ringwood is $520 a week for leases that started in the year to September 2025, up 8.3% on a year earlier. That is 5% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,054,500 for a house and $615,000 for a unit. A year of rent for that home is about 4.1% of its median sale price (gross rental yield).
Median rent in Ringwood
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $440 | +10.0% | 55 |
| 2-bedroom unit | $520 | +8.3% | 428 |
| 3-bedroom unit | $620 | +3.3% | 109 |
| 2-bedroom house | $520 | +4.2% | 92 |
| 3-bedroom house | $600 | +3.4% | 302 |
| 4-bedroom house | $710 | +1.4% | 153 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,054,500 | Mar 2026 quarter |
| Unit | $615,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Avondale Heights $520 a week
- Ferntree Gully $520 a week
- Keilor East $520 a week
- Mitcham $520 a week
- Nunawading $520 a week
- Seddon $520 a week