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 9,654 as of Feb 2021. By Feb 2026, it had increased to around 9,803, a rise of 149 people (1.5%). This increase is inferred from the ABS estimated resident population of 9,803 in June 2024 and 29 validated new addresses since the Census date. The population density was 2,072 persons per square kilometer, above national averages assessed by AreaSearch. Overseas migration contributed approximately 80.3% of overall population gains during 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, it utilises VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the population is expected to increase by 388 persons, reflecting 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 has averaged approximately 18 new dwelling approvals annually. Between FY2021 and FY2025, 92 homes were approved, with an additional 5 approved so far in FY2026. Despite a decrease in population during this period, the housing supply has remained adequate relative to demand, resulting in a balanced market with diverse buyer options.

The average expected construction cost of new properties is $472,000, slightly above the regional average, suggesting a focus on quality developments. This financial year, $5.0 million in commercial approvals have been registered, indicating the area's residential character. Comparing Ringwood North to Greater Melbourne, there has been significantly less development activity (58.0% below the regional average per person), which typically strengthens demand and prices for existing properties. This trend is also evident when compared nationally, reflecting a mature market and potential development constraints. New building activity comprises 57.0% detached dwellings and 43.0% townhouses or apartments, expanding medium-density options and creating diverse housing opportunities across various price brackets. This shift marks a significant change from the current housing mix, which is predominantly houses (98.0%), likely due to reduced development site availability and evolving lifestyle demands and affordability requirements.

Ringwood North currently has around 749 people per dwelling approval, indicative of a highly mature market. By 2041, Ringwood North is projected to grow by approximately 388 residents (based on AreaSearch's latest quarterly estimate). Assuming current development patterns continue, new housing supply should meet demand, offering favorable 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

AreaSearch has identified 30 projects that could impact the area, with key ones being 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 likely to be 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 unemployment rate remains at 2.3%. Workforce participation is somewhat below standard at 68.4%, compared to Greater Melbourne's 71.0%. A high proportion of residents, 39.1%, were found to work from home, potentially influenced by Covid-19 lockdowns. Leading employment industries include health care & social assistance, education & training, and professional & technical services.

The area has a notable concentration in education & training, with employment levels at 1.2 times the regional average. 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 nature of Ringwood North suggests limited local employment opportunities. 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 contrast, Greater Melbourne saw employment rise by 3.0% and the labour force grow by 3.3%, with unemployment rising by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, released in May-25, project national 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 approximately 6.9% over five years and 14.0% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch released postcode-level ATO data for financial year 2023. Ringwood North SA2 had a median income of $58,532 and an average of $75,524 among taxpayers. This was higher than the national averages. Greater Melbourne's median income was $57,688 with an average of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, estimated incomes as of September 2025 would be approximately $63,361 (median) and $81,755 (average). According to the 2021 Census, Ringwood North's household incomes ranked at the 84th percentile with a weekly income of $2,330. The earnings profile showed that 28.6% of locals earned between $1,500 and $2,999 weekly, similar to the surrounding region at 32.8%. High-income households (exceeding $3,000 weekly) made up 37.5%, indicating strong consumer spending power. After housing costs, residents retained 88.0% of their income, reflecting robust purchasing power. The area's SEIFA income ranking placed 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 structure, as per the latest Census, was 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 43.2%, 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. Median weekly rent was $436, compared to Melbourne metro's $390. Nationally, Ringwood North's mortgage repayments were higher at $2,200 versus 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% of all households, including 42.9% couples with children, 29.3% couples without children, and 10.0% single parent families. 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, 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% and certificates for 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 are serviced by five different routes that together facilitate 964 weekly passenger trips. The area's transport accessibility is rated excellent, with residents typically located 198 meters from the nearest stop. Most residents commute outward due to its residential nature. Cars remain the dominant mode of transportation at 90%, while 6% use trains. On average, there are 1.8 vehicles per dwelling, higher than the regional average.

According to the 2021 Census, 39.1% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 137 trips per day across all routes, equating to approximately 17 weekly trips per individual stop.

The level of general health in Ringwood North is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Ringwood North shows better-than-average health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence.

Both younger and older age groups have low prevalence of common health conditions. Private health cover is high at approximately 57% (~5,548 people). The most prevalent medical conditions are asthma (8.1%) and arthritis (7.5%). 69.7% of residents report no medical ailments, compared to 72.6% in Greater Melbourne. Under-65s have better-than-average health outcomes. The area has 21.6% of residents aged 65 and over (2,119 people), higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, aligning with national rankings for the general 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 23.2% of its population born overseas and 17.5% speaking a language other than English at home. Christianity was the predominant religion in Ringwood North, accounting for 50.5%, compared to 43.0% 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% compared to the regional average of 1.2%. Italian representation was slightly lower at 5.1%, while Chinese representation was similar at 6.6%.

Ringwood North's median age exceeds the national pattern

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 75-84 years make up 8.2%, while those aged 25-34 years comprise 7.2%. Since 2021, the 75-84 age group has grown from 6.8% to 8.2%, and the 15-24 cohort has increased from 12.1% to 13.4%. Conversely, the 25-34 cohort has declined from 9.0% to 7.2%, and the 55-64 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 216 people (84%) from 256 to 473. Notably, the combined 65+ age groups will account for 67% of total population growth, reflecting the area's aging demographic profile. Meanwhile, the 0-4 and 5-14 cohorts are expected to experience population declines.