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Suburb Insights ยท VIC 3134

Ringwood North 3134, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Ringwood North is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 9,964, making it a smaller community. Located approximately 24 km from the Melbourne CBD, Ringwood North is a middle ring area in Victoria. The median household income is $121,420 AUD per year (ABS 2021 Census).

Investment Score

76 / 100 Good

Above-average earnings in Ringwood North support sustained property values.

Location

Map shows Ringwood North, Victoria, Australia.

Key Indicators

Postcode
3134

Official Australia Post postcode for Ringwood North. A postcode may cover multiple suburbs.

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Population
9,964

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$436/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$121,420/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
24 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,200/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
94% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Ringwood North's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $436/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,200/month. A median household income of $121,420/year supports premium property values and indicates a well-employed resident base. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Solid fundamentals in Ringwood North support capital growth over a medium to long hold period.

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Rental Yield

Expect competitive but not exceptional rental returns in Ringwood North's current market.

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Renovation / Flip

Limited buyer depth in Ringwood North makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Ringwood North property

Full Property Analysis

30-year projections for Ringwood North

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Ringwood North is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenants in Ringwood North have options โ€” presenting well-maintained properties is key to minimising vacancy. Ringwood North remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Ringwood North a good suburb for investment?

Ringwood North is a middle ring area in Victoria with a population of 9,964. The median rent is $436/week and the median household income is $121,420/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Ringwood North?

Key demand drivers in Ringwood North include established amenities and transport access. 94% of dwellings are separate houses. The area has approximately 2 schools and 4 parks nearby.

What is the population of Ringwood North?

According to the ABS 2021 Census, Ringwood North has a population of approximately 9,964. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Ringwood North from the Melbourne CBD?

Ringwood North is approximately 24 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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