Ringwood

Ringwood, VIC 3134 has a population of 19,144 with a diverse age range. The suburb has a good mix of occupations, with professionals and managers being the top occupations. Residents have various transport options for commuting, including trains and motor vehicles. With an ICSEA percentile of 73.25, government schools are of good educational advantage for students. For house investors, Ringwood offers a median income that supports property investment, and a high demand for rentals. The high median growth over ten years suggests a steady appreciation in property values. For unit investors, the suburb shows promising rental yields and high market absorption rates, indicating strong demand. The growth in sale prices is notable over various time frames, reflecting a healthy property market. Ringwood, VIC 3134 is a vibrant suburb with diverse demographics and good access to transportation. It presents opportunities for both house and unit investors, with potential for steady rental yields and property value appreciation. The education advantage for students in government schools adds to the appeal of the suburb for families looking to settle in a well-connected area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022