5 Derwent Street

Ringwood North VIC 3134

The size of Ringwood North is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.4% of total area. The population of Ringwood North in 2011 was 9,656 people. By 2016 the population was 9,823 showing a population growth of 1.7% in the area during that time. The predominant age group in Ringwood North is 50-59 years. Households in Ringwood North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood North work in a professional occupation. In 2011, 87% of the homes in Ringwood North were owner-occupied compared with 85.7% in 2016.

Ringwood North has 4,008 properties. Over the last 5 years, Houses in Ringwood North have seen a 33.74% increase in median value, while Units have seen a 21.32% increase. As at 31 October 2024:

• The median value for Houses in Ringwood North is $1,260,930 while the median value for Units is $828,235.
• Houses have a median rent of $620 while Units have a median rent of $595.