About the City of Maroondah

Summary


The City of Maroondah enjoys a mix of new and established neighbourhoods. Often referred to as
the ‘eastern suburbs primary and industrial centre’ combined with lush parks and tree lined streets,
you can find fantastic employment, educational and lifestyle opportunities.


Our community


Population= 117,498 (ABS ERP 2018)
Area= 6,138ha (61 km2)
Population Density= 19.14 persons per hectare


Qualifications


24.2% of residents have a Bachelor or Higher degree
10.8% of residents have an Advanced Diploma or Diploma
19.1% of residents have a Vocational qualification
38.2% of residents have no qualification
7.7% not stated
(www.profile.id.com.au/maroondah)


Median House Prices

                                  June Qtr 2019     September Qtr 2019     Quarterly Change (%)     Annual Change (%)
Bayswater North           $651,500                   $746,250                         14.5%                            -3.8%
Croydon                        $680,000                   $725,000                           6.6%                            -9.4%
Croydon Hills                $772,500                   $803,000                           3.9%                           -12.0%
Croydon North              $780,000                   $815,250                           4.5%                            -7.3%
Croydon South             $687,500                    $722,000                           5.0%                            -9.0%
Heathmont                    $805,000                   $864,000                            7.3%                            -8.9%
Kilsyth South                $726,000                    $720,000                          -0.8%                           -16.8%
Ringwood                     $762,500                    $865,500                         13.5%                             -7.8%
Ringwood East             $780,000                    $756,750                          -3.0%                           -12.1%
Ringwood North           $765,000                    $883,000                          15.4%                             -9.2%
Vermont                       $855,003                    $995,500                           16.4%                             -7.9%
Warranwood                $900,000                    $996,000                           10.7%                             -2.4%
Wonga Park             $1,215,000                 $1,215,000                             0.0%                              -5.1%

Source: REIV
Median Price is defined as the price of a property that falls in the middle of the total number of houses sold
over a period of time.

Upcoming projects

       - Proposed Karralyka redevelopment
             Council is proposing a $10 million redevelopment of Karralyka that will enhance and
             expand the existing facility.
      -  New carparking- Ringwood and Croydon
             Based on the initial concept design, the new Devon Street, Croydon carpark will have
             at least 487 car spaces. The design will see the removal of the existing carpark
             layout, to be replaced with a multi level carpark. Council is currently reviewing
             options in the Ringwood Metropolitan Activity Centre, with a preferred location and
             a design concept completed in the coming months.

By Emma Jackson - 14-Nov-2019

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