2/22 Mines Rd

Ringwood East VIC 3135

The size of Ringwood East is approximately 4.7 square kilometres. It has 16 parks covering nearly 6.7% of total area. The population of Ringwood East in 2011 was 9,748 people. By 2016 the population was 10,285 showing a population growth of 5.5% in the area during that time. The predominant age group in Ringwood East is 30-39 years. Households in Ringwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood East work in a professional occupation. In 2011, 71.1% of the homes in Ringwood East were owner-occupied compared with 68.3% in 2016.

Ringwood East has 5,424 properties. Over the last 5 years, Houses in Ringwood East have seen a 24.78% increase in median value, while Units have seen a 15.63% increase. As at 30 September 2024:

• The median value for Houses in Ringwood East is $1,027,458 while the median value for Units is $700,400.
• Houses have a median rent of $590 while Units have a median rent of $500.