Is Ringwood North a nice place to live?

Ringwood North is a leafy, established suburb threaded by Mullum Mullum Creek, with village-style shopping strips and easy access to Ringwood station on the Lilydale and Belgrave lines. The community is older and has incomes above the median for Victoria, with many owner-occupiers; couple families with children make up 51.1% of families. Parks, reserves and walking trails and local shopping strips meet everyday needs, and the Glenvale Road reconstruction is currently underway with a concept design to add the missing footpath link between Kubis Drive and Barnsdale Way.

Is it expensive to live in Ringwood North?

Buying a median-priced house in Ringwood North at $1,170,000 works out to about 9.6 times a typical local annual household income. A typical local household earned about $2,335 a week at the last Census. House rents average $700 a week, which would take about 30% of that weekly income. Around 30% is commonly seen as a sign that housing occupies a sizeable share of income, so renting looks more manageable than buying on these figures. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Ringwood North a good place to invest?

The most striking movement in Ringwood North over the past 12 months is a strong 23.4% jump in median unit values, alongside a solid 5.6% rise in median house values. House rents rose a solid 7.7%, a larger increase than house values, so rental income for houses grew faster than their capital value. Units recorded the much larger capital change, with unit values climbing well ahead of house values. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Get a property report and suburb profile for any property in Ringwood North

Please enter your address and select an option from the list.

Join the 2.6 million Australians* who use our services every year.

Ringwood North suburb profile

Ringwood North is a leafy, established suburb in Melbourne's eastern suburbs, set among rolling, treed hills. Streets feature mid-century brick homes, weatherboard cottages and larger postwar blocks, with pockets of newer infill and generous garden setbacks that preserve a suburban, green character.

The suburb is threaded by Mullum Mullum Creek and a network of parks, reserves and walking trails that encourage outdoor activity. Local village-style shopping strips meet everyday needs, while the major retail and civic precincts at Ringwood and Ringwood station on the Lilydale and Belgrave lines are within easy reach.

Ringwood North property market performance

Current median dwelling price$1,026,750Past 3 months

Property growth+14.5%Past 12 months

Ringwood North's median house price is $1.17 million, up 5.6% over the last 12 months, a sizeable rise. It's primarily a house market: 36 houses sold over the last 3 months while only 3 units changed hands. There are too few recent unit sales to publish a reliable unit median.

In Ringwood North, house rents rose a solid 7.7% over the last 12 months and outpaced house value growth.

	Houses	Units
Median price Past 3 months	$1.17M	N/A
Change in value Past 12 months	5.6%	23.4%
Sold Past 3 months	36	3
Median days on market Past 12 months	26	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	7.7%	N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

Ringwood North demographics

Ringwood North has incomes above the median for Victoria, is an older community and has many households owning their homes outright.

Couple families with children are the largest family group, making up 51.1% of families, and 43.5% of homes are owned outright. At the 2021 Census there were 9,964 people living in Ringwood North.

Ringwood North and Victoria

	Suburb	VIC
Median age years	43	38
Median household income weekly	$2,335	$1,759
Couples with children share of families	51.1%	45.5%
Couples without children share of families	36.4%	37.6%
One-parent families share of families	11.8%	15.2%
Homes owned outright share of homes	43.5%	33.2%
Homes with a mortgage share of homes	44.4%	37.3%
Homes rented share of homes	12.0%	29.5%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Ringwood North infrastructure, key developments and investment opportunities

Ringwood North has the Glenvale Road reconstruction and upgrade, with road reconstruction currently underway and an approximate completion in 2028; the concept design includes construction of the missing footpath link between Kubis Drive and Barnsdale Way (2028).

Other council projects in Ringwood North include the Norwood Reserve enhancement plan, completed in 2025 and expanding the car park from 58 to 79 spaces (2025); the Ringwood North Liveable Neighbourhoods Project, which progressed community consultation that closed in April 2025 (2025); Old Warrandyte Road improvement works due to commence in 2026 that include a new concrete footpath on the eastern side (2026); Oban Road and Wonga Road safety improvements funded through the Black Spot Program, planned in 2026 and to install six speed cushions (2026); and San Remo Road and Through Road flood-mitigation works that began in 2026 and involve installation of large 1200mm stormwater pipes (2026).

Suburbs near Ringwood North

Some popular suburbs near Ringwood North include:

How does Ringwood North compare to nearby suburbs?

Median house prices: Ringwood North’s median house price is 26.8% higher than Ringwood East’s.
Median unit prices: Ringwood North’s median unit price is 42.8% higher than Ringwood East’s.
House price growth: Over the past 12 months, house prices in Ringwood North have grown 6.1% higher than in Park Orchards.
Unit price growth: Over the past 12 months, unit prices in Ringwood North have grown 24.8% higher than in Ringwood East.
Selling speed for houses: Properties in Ringwood North are selling 56.7% faster than in Park Orchards.
House price growth: Over the past 12 months, house prices in Ringwood North have grown 20.4% higher than the average rate of growth across Melbourne.
Unit price growth:Over the past 12 months, unit prices in Ringwood North have grown 49.3% higher than the average rate of growth for units across Melbourne.

Common questions about Ringwood North

Is Ringwood North a nice place to live?
Ringwood North is a leafy, established suburb threaded by Mullum Mullum Creek, with village-style shopping strips and easy access to Ringwood station on the Lilydale and Belgrave lines.

The community is older and has incomes above the median for Victoria, with many owner-occupiers; couple families with children make up 51.1% of families. Parks, reserves and walking trails and local shopping strips meet everyday needs, and the Glenvale Road reconstruction is currently underway with a concept design to add the missing footpath link between Kubis Drive and Barnsdale Way.
Is it expensive to live in Ringwood North?
Buying a median-priced house in Ringwood North at $1,170,000 works out to about 9.6 times a typical local annual household income. A typical local household earned about $2,335 a week at the last Census.

House rents average $700 a week, which would take about 30% of that weekly income. Around 30% is commonly seen as a sign that housing occupies a sizeable share of income, so renting looks more manageable than buying on these figures.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Ringwood North a good place to invest?
The most striking movement in Ringwood North over the past 12 months is a strong 23.4% jump in median unit values, alongside a solid 5.6% rise in median house values.

House rents rose a solid 7.7%, a larger increase than house values, so rental income for houses grew faster than their capital value. Units recorded the much larger capital change, with unit values climbing well ahead of house values.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Ringwood North

In Ringwood North ,65 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 45.1% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.71% and 2.57%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.