Ringwood North

Ringwood North is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As per ABS population updates and AreaSearch validation, the suburb of Ringwood North had an estimated population of 10,122 as of February 2026. This figure represents a rise of 158 people since the 2021 Census, which recorded a population of 9,964. The current resident population is estimated at 10,120 by AreaSearch, based on their analysis of the latest ERP data release from the ABS in June 2024 and additional validation of 30 new addresses since the Census date. This results in a population density of 1,935 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Overseas migration contributed approximately 83.0% of overall population gains during recent periods.

AreaSearch projections for Ringwood North are based on ABS/Geoscience Australia figures released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections from 2023 adjusted using weighted aggregation methods for areas not covered by the first dataset. Future population dynamics suggest a median increase is expected by 2041, with Ringwood North projected to grow by 379 persons over this period, reflecting an overall increase of approximately 3.9%.

The level of residential development activity in Ringwood North is very low in comparison to the average area assessed nationally by AreaSearch

Ringwood North has seen approximately 18 dwelling approvals annually based on AreaSearch analysis of ABS building approval numbers. Around 91 homes were approved between financial years FY21 to FY25, with an additional five approved in FY26 so far. Despite population decline, development activity has been relatively adequate.

New properties are constructed at an average cost of $730,000, indicating a focus on the premium segment. This year, $5.0 million in commercial approvals have been registered, suggesting limited commercial development focus. Recent developments consist of 59% detached houses and 41% attached dwellings, offering diverse housing options from spacious family homes to compact alternatives.

This shift reflects decreasing developable sites and changing lifestyles seeking more affordable housing choices. Ringwood North has a dwelling approval rate of around 746 people per dwelling. According to AreaSearch's latest quarterly estimate, the area is projected to grow by 390 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling growth exceeding current forecasts.

Ringwood North has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 32 projects that could affect this region. Notable projects include Manor Place Estate, Ringwood North Liveable Neighbourhoods Project, 170-172 Warrandyte Road Retail Development, and Kubis Drive and Werac Drive footpath construction in Ringwood North. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Ringwood North demonstrate exceptional strength compared to most Australian markets

Ringwood North has an educated workforce with professional services well represented. The unemployment rate was 2.2% in the past year, with estimated employment growth of 1.2%. As of September 2025, 5,563 residents are employed, and the unemployment rate is 2.4%, below Greater Melbourne's rate of 4.7%.

Workforce participation is 68.7% compared to Greater Melbourne's 71.0%. Notably, 39.1% of residents work from home, potentially influenced by Covid-19 lockdowns. Key employment industries are health care & social assistance, professional & technical services, and education & training, with a significant concentration in the latter at 1.2 times the regional average. Conversely, transport, postal & warehousing employs only 2.2% of local workers, below Greater Melbourne's 5.2%.

Between September 2024 and September 2025, employment levels increased by 1.2%, labour force grew by 0.9%, and unemployment fell by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Ringwood North's employment mix suggests local employment should grow by 6.9% over five years and 14.0% over ten years, though these are simple extrapolations for illustrative purposes only.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2023, Ringwood North had a median income among taxpayers of $54,789. The average income stood at $73,987. Both figures are above the national average. In Greater Melbourne, the median and average incomes were $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Ringwood North would be approximately $59,309 (median) and $80,091 (average) as of September 2025. According to the 2021 Census figures, household incomes in Ringwood North rank at the 85th percentile with a weekly income of $2,335. The largest income bracket comprises 28.8% of residents earning between $1,500 and $2,999 weekly (2,915 residents). Higher earners represent a substantial presence with 37.6% exceeding $3,000 weekly. After housing costs, residents retain 88.1% of their income. The area's SEIFA income ranking places it in the 8th decile.

Ringwood North is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Ringwood North's dwelling structures, as per the latest Census, were 98.3% houses and 1.7% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Ringwood North stood at 43.5%, with mortgaged dwellings at 44.4% and rented ones at 12.1%. The median monthly mortgage repayment was $2,200, exceeding Melbourne metro's average of $2,000, while the median weekly rent figure was $436, compared to Melbourne metro's $390. Nationally, Ringwood North's mortgage repayments were higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Ringwood North features high concentrations of family households, with a higher-than-average median household size

Family households account for 82.9% of all households, consisting of 43.0% couples with children, 29.3% couples without children, and 9.9% single parent families. Non-family households make up the remaining 17.1%, with lone person households at 15.7% and group households comprising 1.5% of the total. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

Ringwood North demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

The area's educational profile is notable regionally, with university qualification rates of 36.4% among residents aged 15+, surpassing the Australian average of 30.4% and the SA4 region's rate of 31.2%. Bachelor degrees are most prevalent at 24.6%, followed by postgraduate qualifications (7.5%) and graduate diplomas (4.3%). Vocational credentials are also prominent, with 30.0% of residents aged 15+ holding such qualifications – advanced diplomas comprise 12.7% and certificates make up 17.3%.

Educational participation is high, with 29.5% of residents currently enrolled in formal education, including 9.7% in primary education, 9.0% in secondary education, and 5.3% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Ringwood North has 61 active public transport stops, all of which are bus stops. These stops are serviced by five different routes that collectively provide 964 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 201 meters from the nearest transport stop. As a primarily residential area, most residents commute outward using their cars, which remain the dominant mode of transportation at 90%. Five percent of residents use the train for commuting. The average vehicle ownership per dwelling in Ringwood North is 1.8, higher than the regional average.

According to the 2021 Census, a high percentage of residents, specifically 39.1%, work from home, which may be reflective of COVID-19 conditions. The service frequency averages 137 trips per day across all routes, equating to approximately 15 weekly trips per individual stop.

Ringwood North's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Ringwood North demonstrates strong health metrics, with AreaSearch's assessment indicating low prevalence of common health conditions among younger cohorts.

Approximately 56% (~5,673 people) have private health cover, which is higher than the Greater Melbourne average. The most prevalent medical conditions are asthma (8.1%) and arthritis (7.5%), while 69.7% of residents report no medical ailments, compared to 72.6% in Greater Melbourne. Health outcomes for those under 65 are better than average. The area has a higher proportion of seniors aged 65 and over (21.5%, or 2,176 people), compared to Greater Melbourne's 15.1%. Although health outcomes among seniors are above average, they rank lower nationally than the broader population.

The level of cultural diversity witnessed in Ringwood North was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Ringwood North's cultural diversity was above average, with 23.1% born overseas and 17.6% speaking a language other than English at home. Christianity dominated religiously, comprising 50.6%. Judaism, however, was overrepresented at 0.1%, compared to Greater Melbourne's 1.0%.

In ancestry, the top groups were English (25.7%), Australian (25.1%), and Irish (7.8%). Notably, Dutch (1.8%) and Italian (5.1%) were also overrepresented.

Ringwood North hosts a notably older demographic compared to the national average

The median age in Ringwood North is 43 years, which is higher than Greater Melbourne's average of 37 years and exceeds the national average of 38 years. The age profile shows that individuals aged 65-74 years make up 10.9% of the population, while those aged 25-34 years constitute only 7.1%. Between 2021 and present, the percentage of people aged 75-84 has increased from 6.7% to 8.1%, and the 15-24 age group has risen from 12.3% to 13.5%. Conversely, the 25-34 age cohort has decreased from 8.8% to 7.1%, and the 55-64 age group has dropped from 13.7% to 12.5%. By 2041, demographic projections indicate significant shifts in Ringwood North's age structure. The 85+ age cohort is projected to rise substantially, increasing by 205 people (81%) from 253 to 459. Notably, the combined 65+ age groups will account for 65% of total population growth, reflecting the area's aging demographic profile. Conversely, the 0-4 and 5-14 age cohorts are expected to experience population declines.