$436 ▲ +36.3%
Higher than 76% of statistical area 2 (sa2) areas.
- 2011: $320
- 2016: $381
- 2021: $436
Median weekly rent paid by households renting their home.
Ringwood North · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 98.1% of all homes in Ringwood North, making it an area dominated by detached dwellings. The neighbourhood is characterised by a very high rate of home ownership and large family-sized properties, though typical housing costs have risen significantly over the last decade.
All statistical area 2 (sa2) areas, 2021. The marker is Ringwood North — higher than 76% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,200 and weekly rents of $436 are both much higher than most similar areas. These costs are a little above the figures for Victoria and Australia, with the typical rent rising by $116 since 2011.
$436 ▲ +36.3%
Higher than 76% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,200 ▲ +20.7%
Higher than 75% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Ringwood North, $350–$549 is the majority at 61%; $550–$749 is next at 17%.
In Ringwood North, the largest group is $1,800–$2,999 at 38%, followed by $3,000 or more (29%) and $1,000–$1,799 (19%).
How homes are owned or rented.
Home ownership is very strong here, with 42.5% of homes owned outright, which is far above the national figure of 31%. Meanwhile, only 12.1% of households rent, a rate that is far below both the state and national averages.
12.1% ▲ +7.2%
Lower than 92% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
42.5% ▲ +5.5%
Higher than 82% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Ringwood North splits fairly evenly between Owned with a mortgage (44%) and Owned outright (43%), with Rented at 12%.
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, as 91.5% of dwellings have three or more bedrooms, far above the Victorian average of 74.1%. This is consistent with the fact that nearly all homes are separate houses, which rose to 98.1% by 2021.
0.80 ▼ -20.0%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
98.1% ▲ +4.3%
Higher than 96% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
91.5% ▲ +0.4%
Higher than 85% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Ringwood North, Separate house is the majority at 98%; Townhouse / semi-detached is next at 1%.
Ringwood North splits fairly evenly between 4 bedrooms (44%) and 3 bedrooms (40%), with 5 or more at 9%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Ringwood North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/211031268/ringwood-north/topic/housing-dwellings