Ringwood is a suburb of Melbourne, Victoria, Australia, 23 km (14 mi) east of Melbourne's Central Business District. Its local government area is the City of Maroondah. At the 2016 Census, Ringwood had a population of 17,471. Ringwood has many parks reserves, most notably, Ringwood Lake.[2] As of July 2012, the average house price in Ringwood was $583,500 and $390,000 for a unit.[3]
As of September 2019, the average sale price for a house in Ringwood was $866,000. For a unit, the average sale price was $533,000. The average weekly rent for a house was $435, and for a unit it was $370.