Almurta vs Ringwood East
Property investment comparison - Almurta, VIC 3979 vs Ringwood East, VIC 3135
Head-to-head across core investment metrics: Almurta wins 3, Ringwood East wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Almurta | Ringwood East |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $190K | $765K |
| Gross rental yield (houses) | 2.04% | 3.38% |
| Gross rental yield (units) | 9.53% | 3.94% |
| 1-year house growth | - | -2.4% |
| 3-year house growth | - | +1.5% |
| Vacancy rate | - | 1.2% |
| Population | 66 | 10,764 |
Almurta vs Ringwood East: what the numbers say
The median house price is $1.0M in Almurta and $1.0M in Ringwood East, so Almurta is the cheaper entry point.
For units, Almurta sits at a median of $190K against $765K in Ringwood East, which makes Almurta the more affordable unit market and Ringwood East the pricier one.
On cash flow, Ringwood East leads: houses there return a gross rental yield of 3.38%, compared with 2.04% in Almurta, a gap of 1.34 percentage points.
Ringwood East is the bigger suburb, with a population of 10,764 against 66, roughly 163 times the size of Almurta; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ringwood East for rental income, Almurta for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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