Side by sideSuburb comparison

Heathmont vs Ringwood.

Comparing two suburbs with median house prices of $1,065,500 and $1,002,500. Ringwood edges out on more headline metrics in this comparison.

Ringwood (median $1,002,500) is roughly 6% cheaper to buy into than Heathmont ($1,065,500).

Ringwood scores higher on walkability (22/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ringwood (1082) sits above Heathmont (1063).

The takeWhich suburb suits which buyer

For buyers

Ringwood is the lower entry point at $1,002,500 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Ringwood offers the higher gross rental yield (2.90% vs 1.88%), favouring cash-flow investors.

For families

Ringwood edges out on average school ICSEA (1082 vs 1063).

Common questionsHeathmont vs Ringwood

Common questions

Is Heathmont or Ringwood cheaper to buy in?

Ringwood has the lower median house price at $1,002,500, roughly 6% below Heathmont ($1,065,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Heathmont or Ringwood have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ringwood scores 1082 vs 1063 in Heathmont. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Heathmont or Ringwood?

Ringwood scores 100/100 on walkability vs 22/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Heathmont or Ringwood?

Gross rental yield on houses is 2.90% in Ringwood vs 1.88% in Heathmont. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Heathmont
Metric
Ringwood

Price & Market

$1,065,500
Median house
$1,002,500
$850,000
Median unit
$625,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$386/wk
Rent (house / wk)
$560/wk
$400/wk
Rent (unit / wk)
$520/wk
81.0%
Owner occupied
18.0%
Renter occupied

Lifestyle & Demographics

22
Walk score
100
20
Transit score
80
100
Bike score
100
9,933
Population
34,607
41
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1063
Avg ICSEA
1082

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).