Ringwood at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
VIC › Ringwood › Wrights Ct
$1,005,000–$1,094,500
For sale
Asking range
3
Bedrooms
1
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,005,000–$1,094,500
Asking range
No recorded sale for this property.
Ringwood at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Vs Ringwood
+1.0%
Median sale
Suburb $995,000
-0.03 pp
Gross yield
Suburb 2.89%
Suburb median $995,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$61,431 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ringwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $553/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Ringwood at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Guthrie Majella MelbournePositioned on a block of approx. 816 m2, this impressive weatherboard character home is privately set back behind beautiful established mature gardens and is ideal for a first home buyer, family upsizing, investor or a great opportunity for re-development (STCA).
A picturesque façade with a verandah basked in afternoon sun offers a vantage point to sit and enjoy the private front gardens. A welcoming large entrance showcases warm timber floors, high ceilings with ornate cornices. A generous sized master bedroom is positioned at the front of the home with large windows capturing natural light and serene garden views. The second bedroom with timber dado panelling is generous in size and is equipped with built-in robes. The third bedroom also with dado panelling is king-size and large enough to accommodate a desk for quiet study. A central family bathroom is complete with a bath and separate shower recess. A light and airy formal loungeroom features timber floors and garden views and can be privately closed off from the bedroom wing, yet still connected to the open plan design. The large functional skylit kitchen is the hub of the home and offers a refreshing crisp white and blue colour palette, as-new Chef upright stove, abundance of cupboard and bench space, including a large walk-in pantry. A separate study with its own entrance would also be ideal as a mudroom and adjoins a family sized laundry with a bonus 2nd toilet. The home boasts an expansive second living area at the rear of the property which features stunning hardwood timber floors and quality window coverings. The double glass doors allow a seamless transition from indoor to outdoor all-year-round entertaining under a covered patio. Additional highlights include secure off-street parking with single garage, carport and room for multiple cars/trailers, gas heating, air-conditioning, brand-new privacy/block out blinds to the front of the property, quality carpets, brand new drapes and timber-look blinds. Conveniently located to amenities including less than 5-minute drive to Eastlink, Heatherdale & Ringwood Stations and 7-minute walk to Bus stop. Close proximity to Aquinas College, Heathmont Secondary College, Marlborough Primary School, Great Ryrie Primary School, Our Lady's Primary School, Wantirna Road Shopping Precinct, Eastland Shopping Centre and Heathmont Village Shops. A stroll to Sporting grounds including Proclamation Park, Jubilee Park, Aquanation, Ringwood Public Golf Course, The Rings - Basketball/Netball Stadium. ID required at all inspections. Contact Kathy Guthrie 0423012293.
Listing description written by Kathy Guthrie, Guthrie Majella Melbourne — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.