$2,500 —
Higher than 88% of suburb / locality areas.
- 2016: $971
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Ringwood · Suburb / Locality
Housing & Dwellings in Ringwood
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home loan payments of $2,500 make Ringwood a costly place to borrow. This figure is well above the national average and suggests a high cost of living for those with mortgages.
Housing costs
Rents, mortgages and crowding.
The usual monthly mortgage payment is $2,500, which is much higher than most areas. This is a little above the New South Wales figure of $2,167 and well above the Australian average of $1,863.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 53%, ahead of Owned with a mortgage (47%).
How homes are owned or rented
View on map →Ringwood splits fairly evenly between Owned outright (36%) and Owned with a mortgage (32%), with Other tenure at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Ringwood are less crowded than usual, with only 0.6 people per bedroom. This is well below the figures for both New South Wales (0.9) and Australia (0.8).
0.60 —
Lower than 93% of suburb / locality areas.
- 2016: 0.70
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
Types of homes
View on map →In Ringwood, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Ringwood, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 25%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Ringwood
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Ringwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13380/ringwood/topic/housing-dwellings