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

Ringwood North's population was around 9,803 as of Nov 2025. This reflected an increase of 149 people since the 2021 Census, which reported a population of 9,654 people. The change was inferred from the estimated resident population of 9,803 from the ABS as of June 2024 and an additional 29 validated new addresses since the Census date. This level of population equated to a density ratio of 2,072 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Ringwood North's 1.5% growth since census positioned it within 2.5 percentage points of the SA4 region (4.0%), demonstrating competitive growth fundamentals. Population growth was primarily driven by overseas migration contributing approximately 80.3% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilised VIC State Government's Regional/LGA projections released in 2023, adjusted employing weighted aggregation method from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Future population trends indicated lower quartile growth, with the area expected to expand by 388 persons to 2041 based on latest annual ERP population numbers, reflecting a gain of 4.0% 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 averaged approximately 18 new dwelling approvals per year. Between financial years 2021 (FY-21) and 2025 (FY-25), 92 homes were approved, with an additional 4 approved so far in FY-26. Despite a decline in population during this period, the housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice.

The average construction cost value of new properties was $472,000, slightly above the regional average, indicating a focus on quality developments. In FY-26, commercial approvals valued at $5.0 million have been registered, reflecting the area's residential character. Compared to Greater Melbourne, Ringwood North has significantly less development activity, with 58.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties. Nationally, Ringwood North also reflects lower development activity, suggesting market maturity and potential development constraints. New building activity shows 57.0% detached dwellings and 43.0% townhouses or apartments, offering a range of medium-density options across various price brackets.

This represents a significant change from the current housing mix, which is currently 98.0% houses, reflecting reduced availability of development sites and shifting lifestyle demands and affordability requirements. With approximately 749 people per dwelling approval, Ringwood North reflects a highly mature market. By 2041, Ringwood North is projected to grow by 388 residents, based on the latest AreaSearch quarterly estimate. Given current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Ringwood North has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 30 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. 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.

Ringwood North ranks among the top 25% of areas assessed nationally for overall employment performance

Ringwood North has a well-educated workforce with professional services being strongly represented. The unemployment rate is 2.3%, lower than Greater Melbourne's 4.7%.

Employment growth over the past year was estimated at 1.2%. As of September 2025, there are 5,369 residents in work and the workforce participation rate is 66.1%, slightly higher than Greater Melbourne's 64.1%. The leading employment industries among residents are health care & social assistance, education & training, and professional & technical services. Notably, education & training has an employment level of 1.2 times the regional average.

However, transport, postal & warehousing has a limited presence with only 2.4% employment compared to the regional average of 5.2%. The area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, employment levels increased by 1.2%, labour force increased by 0.9%, and unemployment decreased by 0.3 percentage points in Ringwood North. In contrast, Greater Melbourne saw employment rise by 3.0%, the labour force grow by 3.3%, and unemployment rise by 0.3 percentage points during the same period. State-level data from 25-Nov-25 shows that Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with an unemployment rate of 4.7%. National employment forecasts from May-25 suggest that national employment will expand by 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 metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows Ringwood North SA2 had a median income among taxpayers of $54,599 and an average of $73,163. This is higher than national averages and compares to Greater Melbourne's median of $54,892 and average of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes as of September 2025 would be approximately $61,238 (median) and $82,060 (average). According to the 2021 Census, household incomes rank at the 84th percentile ($2,330 weekly). The earnings profile shows that 28.6% of locals (2,803 people) fall into the $1,500 - 2,999 income category. This is similar to the surrounding region where this cohort represents 32.8%. High consumer spending is supported by 37.5% of households earning over $3,000 weekly. After housing costs, residents retain 88.0% of their income, reflecting strong purchasing power. 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, comprised 98.3% houses and 1.7% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Ringwood North was 43.2%, with mortgaged dwellings at 44.4% and rented ones at 12.4%. The median monthly mortgage repayment was $2,200, exceeding Melbourne metro's average of $2,000. Median weekly rent was $436, higher than Melbourne metro's $385. Nationally, Ringwood North's mortgage repayments were significantly higher at $1,863, and rents 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 comprise 82.6% of all households, including 42.9% couples with children, 29.3% couples without children, and 10.0% single parent families. Non-family households make up the remaining 17.4%, with lone person households at 15.8% and group households comprising 1.5%. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

Educational achievement in Ringwood North places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

The area's educational profile is notable regionally, with university qualification rates at 36.6% 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 (7.7%) and graduate diplomas (4.3%). Vocational credentials are also prominent, with 30.1% of residents aged 15+ holding such qualifications – advanced diplomas account for 12.8% while certificates make up 17.3%.

Educational participation is high, with 29.4% of residents currently enrolled in formal education. This includes 9.6% in primary education, 8.9% in secondary education, and 5.2% 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 56 active public transport stops, all of which are bus stops. These stops are served by five different routes that together facilitate 1,890 weekly passenger trips. The accessibility to these services is rated as excellent, with residents typically residing just 198 meters from the nearest stop.

On average, there are 270 trips per day across all routes, which equates to approximately 33 weekly trips per individual stop.

Ringwood North's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Ringwood North residents show positive health outcomes with standard common conditions across age groups.

Private health cover is high at approximately 56%, covering around 5,489 people. The most prevalent medical conditions are asthma and arthritis, affecting 8.1% and 7.5% of residents respectively. About 69.7% report no medical ailments, slightly higher than Greater Melbourne's 68.7%. Residents aged 65 and over comprise 21%, totaling 2,057 people, which is higher than the 19% in Greater Melbourne. Health outcomes among seniors are above average, outperforming general population metrics.

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 exhibited above-average cultural diversity, with 23.2% of its population born overseas and 17.5% speaking a language other than English at home. Christianity was the predominant religion in Ringwood North, comprising 50.5% of people, compared to 45.6% across Greater Melbourne. The top three ancestry groups were English (25.8%), Australian (25.0%), and Irish (7.9%).

Notably, Dutch (1.8%) was overrepresented in Ringwood North compared to the regional average of 2.1%, as were Italian (5.1% vs 3.4%) and Chinese (6.6% vs 6.0%).

Ringwood North's median age exceeds the national pattern

The median age in Ringwood North is 43 years, significantly higher than Greater Melbourne's average of 37 years and the national average of 38 years. The age profile shows a prominent group aged 65-74 (10.7%), while those aged 25-34 are comparatively smaller at 7.5%. Between 2021 and present, the 75 to 84 age group has grown from 6.8% to 7.8%, the 25 to 34 cohort has declined from 9.0% to 7.5%, and the 55 to 64 group has dropped from 13.5% to 12.3%. By 2041, demographic projections show significant shifts in Ringwood North's age structure. The 85+ age cohort is projected to rise substantially, increasing by 233 people (98%) from 239 to 473. Notably, the combined 65+ age groups will account for 71% of total population growth, reflecting the area's aging demographic profile. Conversely, the 25 to 34 and 0 to 4 cohorts are expected to experience population declines.