The median house price in Ringwood is approximately $985,000 as at mid-2026. Units have a median of $580,000. Ringwood is the commercial and transport hub of Melbourne’s outer east, 25km from the CBD. The Eastland shopping centre upgrade, improved Ringwood Station precinct, and the Beltana Road level crossing removal have all lifted the suburb’s appeal significantly since 2022.
Ringwood Price History
| Year | Median House Price | Annual Growth |
|---|---|---|
| 2021 | $820,000 | +10.5% |
| 2022 | $890,000 | +8.5% |
| 2023 | $918,000 | +3.1% |
| 2024 | $950,000 | +3.5% |
| 2025 | $968,000 | +1.9% |
| 2026 | $985,000 | +1.8% |
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