Ringwood North
Statistical Area - sa2

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, as of August 2025, is approximately 9,803. This figure represents an increase of 149 people since the 2021 Census, which recorded a population of 9,654. The growth is inferred from ABS data showing an estimated resident population of 9,803 as of June 2024 and additional validated new addresses since the Census date. This results in a population density of 2,072 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Ringwood North's growth rate of 1.5% since the census is within 2.4 percentage points of the SA4 region's growth rate of 3.9%, indicating strong growth fundamentals. Overseas migration contributed approximately 80.3% of overall population gains in recent periods.

AreaSearch uses 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 employs the VIC State Government's Regional/LGA projections released in 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Ringwood North's population is expected to increase by approximately 388 persons, representing a total gain of 4.0% over the 17-year period.

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. The Australian Bureau of Statistics produces development approval data on a financial year basis. Between FY2021 and FY2025, there were 92 home approvals, with 2 already approved in FY2026. Despite population decline, the area's development activity has been sufficient relative to its size, benefiting buyers while targeting the premium market segment with new homes averaging $714,000 in construction cost value.

There have been $5.0 million in commercial approvals this financial year, suggesting Ringwood North's residential character. Compared to Greater Melbourne and nationally, Ringwood North has significantly less development activity, at 58.0% below the regional average per person, typically reinforcing demand and pricing for existing homes due to constrained new construction. This is reflective of the area's maturity and possible planning constraints. New building activity consists of approximately 57.0% detached dwellings and 43.0% townhouses or apartments, expanding medium-density options and creating a mix of housing opportunities across price brackets. This indicates a significant shift from the current housing mix, which is predominantly houses (98.0%), due to reduced development site availability and changing lifestyle demands and affordability requirements. With around 749 people per dwelling approval, Ringwood North reflects a highly mature market.

Population forecasts indicate Ringwood North will gain approximately 388 residents by 2041. Based on 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 strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 34 projects potentially affecting the area. Notable ones are Manor Place Estate, Kubis Drive and Werac Drive developments, Ringwood North footpath construction (commenced Oct 20XX), Ringwood North Liveable Neighbourhoods Project (initiated Feb 20XX), and 170-172 Warrandyte Road Retail Development (scheduled completion Dec 20XX). Below is a list of projects likely most relevant.

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

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

Ringwood North has a well-educated workforce with strong representation in professional services. Its unemployment rate was 2.2% as of June 2025.

The area experienced an employment growth of 0.9% over the past year. As of June 2025, 5334 residents were employed while the unemployment rate was 2.4%, lower than Greater Melbourne's rate of 4.6%. Workforce participation was at 66.1%, comparable to Greater Melbourne's 64.1%. Major employment industries among residents include health care & social assistance, education & training, and professional & technical services.

Notably, the area has a high concentration in education & training, with employment levels at 1.2 times the regional average. However, transport, postal & warehousing has limited presence, with only 2.4% of residents employed in this sector compared to the regional average of 5.2%. The predominantly residential area appears to offer limited local employment opportunities, indicated by the census working population vs resident population count. In the year to June 2025, employment levels increased by 0.9%, and labour force increased by 0.6% in Ringwood North, leading to a decrease in unemployment by 0.2 percentage points. In contrast, Greater Melbourne saw an increase of 3.5% in employment, 4.0% growth in labour force, and a rise of 0.5 percentage points in unemployment during the same period. At the state level, Victoria's employment grew by 1.08% year-on-year as of Sep-25, adding 39,880 jobs. The state unemployment rate was at 4.7%, slightly higher than the national rate of 4.5%. Victoria's employment growth outpaced the national average of 0.26%. Jobs and Skills Australia's national employment forecasts from May 2025 indicate that national employment is projected to expand by 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Ringwood North's employment mix suggests local growth of approximately 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 released for financial year 2022 shows Ringwood North's median income among taxpayers is $54,599. The average income was $73,163 in the same period. Both figures are above national averages and compare with Greater Melbourne's median of $54,892 and average of $73,761. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates for Ringwood North would be approximately $60,119 (median) and $80,560 (average) as of March 2025. According to the 2021 Census figures, household incomes in Ringwood North rank at the 85th percentile with a weekly income of $2,330. The earnings profile shows that 28.6% of locals fall into the $1,500 - 2,999 category, which aligns with the surrounding region where this cohort represents 32.8%. Economic strength is evident through 37.5% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending in the area. After housing costs, residents retain 88.0% of their income, reflecting strong purchasing power and 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, consisted of 98.3% houses and 1.7% other dwellings. This contrasts with Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Ringwood North stood at 43.2%, with mortgaged dwellings at 44.4% and rented ones at 12.4%. The median monthly mortgage repayment was $2,200, higher than Melbourne metro's $2,000. The median weekly rent in Ringwood North was $436, compared to Melbourne metro's $385. 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 higher-than-average median household size

Family households account for 82.6 percent of all households, consisting of couples with children (42.9%), couples without children (29.3%), and single parent families (10%). Non-family households constitute the remaining 17.4%, with lone person households at 15.8% and group households making up 1.5%. The median household size is 2.8 people, which is 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 of 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 (12.8%) and certificates (17.3%).

Educational participation is high at 29.4%, including 9.6% in primary education, 8.9% in secondary education, and 5.2% pursuing tertiary education. Ringwood North's three schools have a combined enrollment of 1,102 students. The area demonstrates significant socio-educational advantages and academic achievement (ICSEA: 1105). All three schools focus exclusively on primary education, with secondary options available in surrounding areas. School places per 100 residents stand at 11.2, below the regional average of 15.5, indicating some students may attend schools in adjacent areas.

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

The public transport analysis indicates that there are 56 active transport stops operating within Ringwood North. These stops service a mix of buses along five individual routes, collectively providing 1,890 weekly passenger trips. The report rates transport accessibility as excellent, with residents typically located 198 meters from the nearest transport stop.

Service frequency averages 270 trips per day across all routes, equating 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 common conditions seen across all ages.

Private health cover stands at approximately 56%, covering about 5,489 people. The most prevalent conditions are asthma (affecting 8.1% of residents) and arthritis (7.5%). A majority, 69.7%, report no medical ailments, slightly higher than Greater Melbourne's 68.7%. The area has a higher proportion of seniors aged 65 and over at 21.0% (2,057 people), compared to Greater Melbourne's 19.0%. Health outcomes among seniors are above average, outperforming the general population in health metrics.

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

Ringwood North had a cultural diversity above average, with 23.2% of its population born overseas and 17.5% speaking a language other than English at home. Christianity was the main 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 representation was higher at 1.8%, Italian at 5.1%, and Chinese at 6.6%.

Ringwood North hosts an older demographic, ranking in the top quartile nationwide

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 those aged 65-74 years make up 10.7% of the population, while those aged 25-34 years comprise 7.5%. Between 2021 and the present, the percentage of people aged 75-84 has increased from 6.8% to 7.8%, while the 25-34 age group has decreased from 9.0% to 7.5%. Additionally, the 55-64 age group has dropped from 13.5% to 12.3%. By 2041, demographic projections indicate significant shifts in Ringwood North's age structure. The number of people aged 85 and above is projected to rise substantially, increasing by 233 individuals (98%) from 239 to 473. Notably, the combined age groups of 65 and above will account for 71% of total population growth, reflecting the area's aging demographic profile. Conversely, the 25-34 and 0-4 age cohorts are expected to experience population declines.