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 of Nov 2025, the population of the Ringwood North statistical area (Lv2) is estimated at around 10,120 people. This reflects an increase of 156 people since the 2021 Census, which reported a population of 9,964 people. The change was inferred from the resident population estimate of 10,120 by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 30 validated new addresses since the Census date. This level of population equates to a density ratio of 1,935 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. The primary driver for this population growth was overseas migration, contributing approximately 83.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 and makes adjustments using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. Anticipating future population dynamics, lower quartile growth is anticipated for the Ringwood North (SA2). Based on aggregated SA2-level projections, the area is expected to expand by 371 persons to 2041, reflecting an increase of approximately 3.8% in total over the 17 years.

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 received approximately 18 dwelling approvals annually based on AreaSearch analysis of ABS building approval data. Between FY-21 and FY-25, around 91 homes were approved, with an additional 5 approved in FY-26 to date. Despite population decline in recent years, development activity has been relatively adequate, benefiting buyers.

The average construction cost value for new properties is $730,000, indicating a focus on the premium segment. In FY-26, commercial approvals totalled $5.0 million, suggesting limited commercial development emphasis. New 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 requiring more affordable housing choices. Ringwood North's population density is around 746 people per dwelling approval, indicating a mature market. According to AreaSearch's latest quarterly estimate, the area is projected to grow by 381 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers while potentially exceeding current growth 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 likely affecting the region. Notable initiatives include Manor Place Estate, Ringwood North Liveable Neighbourhoods Project, retail development at 170-172 Warrandyte Road, and footpath construction on Kubis Drive and Werac Drive in Ringwood North.

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 strong professional services representation. The unemployment rate was 2.2% in the past year, with estimated employment growth of 1.2%.

As of September 2025, 5,563 residents were employed at a 2.4% lower unemployment rate than Greater Melbourne's 4.7%. Workforce participation was 66.2%, slightly higher than Greater Melbourne's 64.1%. Key employment industries include health care & social assistance, professional & technical services, and education & training, with the latter showing notable concentration at 1.2 times the regional average. Conversely, transport, postal & warehousing employs only 2.2% of local workers, below Greater Melbourne's 5.2%.

Employment opportunities appear limited locally, as indicated by Census data comparing working population to resident population. 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 in Ringwood North. In comparison, Greater Melbourne saw employment growth of 3.0% and a rise in unemployment by 0.3 percentage points during the same period. Statewide, Victoria's employment grew by 1.13% year-on-year to November 25, adding 41,950 jobs, with an unemployment rate of 4.7%. Nationally, employment growth was 0.14%, and the unemployment rate was 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Ringwood North's employment mix suggests local employment should increase by 6.9% over five years and 14.0% over ten years, based on a simple weighting extrapolation for illustrative purposes.

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

According to AreaSearch's aggregation of 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. This is above the national average and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $59,309 (median) as of September 2025. According to the 2021 Census, household incomes rank at the 85th percentile with $2,335 weekly. Income brackets indicate that 28.8% earn $1,500 - 2,999 weekly (2,914 residents). Higher earners represent a substantial presence with 37.6% exceeding $3,000 weekly. After housing costs, residents retain 88.1% of income. The area's SEIFA income ranking places it in the 8th decile.

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

Ringwood North's dwelling structure, as per the latest Census, consisted of 98.3% houses and 1.7% other dwellings. The home ownership rate was 43.5%, with 44.4% of dwellings mortgaged and 12.1% rented. The median monthly mortgage repayment was $2,200, and the median weekly rent was $436. Nationally, Ringwood North's mortgage repayments were significantly 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 median household size of 2.8 people

Family households account for 82.9% of all households, including 43.0% couples with children, 29.3% couples without children, and 9.9% single parent families. Non-family households constitute 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.

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 at 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 prominent, with 30.0% of residents aged 15+ holding such qualifications – advanced diplomas account for 12.7% and certificates for 17.3%.

Educational participation is high, with 29.5% of residents currently enrolled in formal education. This includes 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 served by five different routes that together facilitate 964 weekly passenger trips. The area's transport accessibility is considered good, with residents located an average of 201 meters from the nearest stop.

On average, there are 137 trips per day across all routes, which translates to about 15 weekly trips per individual stop.

Ringwood North's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts

Ringwood North residents have relatively positive health outcomes, with low prevalence of common conditions across both younger and older age groups.

Approximately 56% (~5,672 people) have private health cover. The most prevalent medical conditions are asthma (8.1%) and arthritis (7.5%), while 69.7% report no medical ailments, compared to 0% in Greater Melbourne. The area has 20.8% of residents aged 65 and over (2,104 people). Health outcomes among seniors are above average, aligning with the general population's health profile.

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 had a cultural diversity level above average, with 23.1% of its population born overseas and 17.6% speaking a language other than English at home. Christianity was the predominant religion in Ringwood North, accounting for 50.6% of people. Judaism, however, was notably overrepresented at 0.1%, compared to None% across Greater Melbourne.

The top three ancestry groups were English (25.7%), Australian (25.1%), and Irish (7.8%). Notably, Dutch (1.8%) and Italian (5.1%) populations were higher in Ringwood North than the regional averages of None%. Additionally, Chinese representation was also higher at 6.5% compared to None% regionally.

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

The median age in Ringwood North is 43 years, considerably higher than Greater Melbourne's average of 37 years and substantially exceeding the national average of 38 years. The age profile shows that those aged 45-54 years are particularly prominent, making up 15.0% of the population, while those aged 25-34 years make up only 7.4%, which is comparatively smaller than in Greater Melbourne. Between 2021 and present, the proportion of people aged 75 to 84 has grown from 6.7% to 7.8%. Conversely, the proportion of those aged 25-34 has declined from 8.8% to 7.4%, and the proportion of those aged 55-64 has dropped from 13.7% to 12.6%. Looking ahead to 2041, demographic projections reveal significant shifts in Ringwood North's age structure. The number of people aged 85 years and above is projected to rise substantially, increasing by 222 people (95%) from 232 to 455. Notably, the combined age groups of 65 years and above will account for 71% of total population growth, reflecting the area's aging demographic profile. On the other hand, the populations aged 25-34 years and 0-4 years are expected to experience declines.