Drummond vs Ringwood East
Property investment comparison - Drummond, VIC 3461 vs Ringwood East, VIC 3135
Head-to-head across core investment metrics: Drummond wins 2, Ringwood East wins 2. 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 | Drummond | Ringwood East |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $690K | $765K |
| Gross rental yield (houses) | - | 3.38% |
| Gross rental yield (units) | 3.26% | 3.94% |
| 1-year house growth | - | -2.4% |
| 3-year house growth | - | +1.5% |
| Vacancy rate | 1.2% | 1.2% |
| Population | 294 | 10,764 |
Drummond vs Ringwood East: what the numbers say
The median house price is $1.0M in Drummond and $1.0M in Ringwood East, so Drummond is the cheaper entry point.
For units, Drummond sits at a median of $690K against $765K in Ringwood East, which makes Drummond the more affordable unit market and Ringwood East the pricier one.
Rental vacancy is the same in both, at 1.2%.
Ringwood East is the bigger suburb, with a population of 10,764 against 294, roughly 37 times the size of Drummond; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Drummond 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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