Ringwood

Ringwood, located about 23 km east of Melbourne’s Central Business District, is part of the City of Maroondah. This suburb is known for its blend of urban development and natural scenery, offering residents a balanced lifestyle with easy access to city amenities and green spaces.

Demographic Profile

• Population: According to the 2021 census, the population of Ringwood was 19,144.
• Predominant Age Group: Attracts a wide range of age groups but is particularly popular with families and the 30-49 age group.
• Median Household Income: Generally aligns with the Melbourne metropolitan average.
• Occupancy: A good mix of homeownership and rentals, reflecting the suburb’s varied housing options.

Real Estate and Growth

• Median House Prices: The median house price in Ringwood is around AUD 850,000.
• Median Unit Prices: Units and apartments have a median price of approximately AUD 600,000.
• Rental Market: The median house rent is about AUD 450 per week, while for units, it’s around AUD 380 per week.
• Market Trends: Ringwood has experienced significant growth and development, especially with recent renovations and expansions in the town centre.

Education and Lifestyle

• Schools: Several reputable schools, including Ringwood Secondary College and Aquinas College.
• Local Vibe: Known for its newly developed town centre, which offers a vibrant mix of shopping, dining, and entertainment options.
• Community Insights: Residents enjoy the suburb for its combination of modern amenities and natural surroundings, including parks and walking trails.

Transportation

• Public Transport: Well-connected by public transport, including Ringwood railway station and numerous bus routes.
• Accessibility: Convenient access to major roads like the Eastern Freeway and Maroondah Highway.

Notable Features

• Proximity to Shopping Centers: Home to Eastland Shopping Centre, a major retail destination in Melbourne’s east.
• Recreational Areas: Close to several parks and reserves, such as Ringwood Lake Park and the Mullum Mullum Creek Trail.

Ringwood is a dynamic and growing suburb that appeals to many residents. Its combination of urban development, retail and dining options, quality schools, and scenic natural areas make it a highly attractive location for families, professionals, and anyone seeking a balanced suburban lifestyle within easy reach of Melbourne’s city centre.