Ringwood, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ringwood
VICCensus 2021 · Population 19,145
Ringwood is a suburb with a population of 19,145, characterized by a balanced gender distribution with 48.7% male and 51.3% female. The median age is 38, aligning with the Victorian average. The suburb has a diverse age distribution, with 6.1% of residents aged 0-4 years and 5.7% aged 5-9 years. Families are prominent in Ringwood, with 43.7% of households being couples with children and 38.4% couples without children. Single-parent households make up 16.3% of the community. The average household size is 2.4 people.
Key Highlights
- Highly educated population - 33.6% hold bachelor degrees (vs VIC 29.2%)
- Average household income aligns with state benchmarks at $1,654 weekly
- Diverse cultural community with 7.3% born in China
- High percentage of professionals - 28.4% of the workforce
- Significant work-from-home trend - 29.8% of residents
Things to Consider
- Higher percentage of rented properties at 39.3%
- Median weekly rent of $381 could be a consideration for renters
- Unemployment rate at 4.5% is slightly above some suburban averages
- Limited public transport usage at 5.9%
- Mental health conditions reported by 9.9% of residents
What's it like living here?
Daily life in Ringwood involves a mix of commuting options, with 45.7% of residents driving to work and 5.9% using public transport. A significant portion, 29.8%, work from home, indicating flexibility in work arrangements. The community is diverse, with 60.9% of residents born in Australia and a notable presence of individuals born in China, India, and England. English is predominantly spoken at home, but there is a significant Mandarin-speaking population.