Ringwood North at a glance
10,164
People
$1,197,500
Median sale
$626/wk
Median rent
2.72%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Ringwood North › Oban Rd
$890,000
Last sold
20 Oct 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
655 m²
Land
Districts View
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
Last sold
$890,000
20 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Ringwood North (last 5 years) with land size have a median of $1,465/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Ringwood North at a glance
10,164
People
$1,197,500
Median sale
$626/wk
Median rent
2.72%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Ringwood North
-25.7%
Median sale
Suburb $1,197,500
+0.94 pp
Gross yield
Suburb 2.72%
Suburb median $1,197,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Maroondah
Maroondah, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 668 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 668 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 4. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $626/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 668 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria 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?
KnownlowOfficial parcel about 668 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 4. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
Ringwood North at a glance
10,164
People
$1,197,500
Median sale
$626/wk
Median rent
2.72%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Eastern GroupLocated in the very heart of vibrant Ringwood North, this three bedroom home unfolds beyond a character façade and tall palm trees to offer soaring space with an entertaining focus. Flowing from a bay windowed formal lounge to a spectacular living/dining zone, all the action is centred around a large kitchen featuring gas cooking and a generous breakfast bar. Stepping out to the alfresco deck via double doors, the home further delights with a lush rear garden requiring minimal upkeep.
Quietly located at the front of the abode, a private master bedroom includes a walk-though wardrobe to its own ensuite, while the remaining beds boast built-in robes and share a sparkling main bathroom with separate WC.
Set on a fully landscaped block of 657sqm (approx.), this exceptional family home comes complete with ducted heating, split system cooling, a garden shed, water tank, remote double garage and additional off-street space suitable for boats, caravans or trailers.
Its central location is walking distance to everything that the suburb has to offer including Ringwood North Primary School, Norwood Secondary College and Ringwood North Shopping Centre. A bus stop is conveniently located on the doorstep and Eastland and EastLink are just moments away.
***PhilipWebb Real Estate Coronavirus Update***
The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes as we navigate the current Coronavirus (COVID-19) situation.
• Inspections are strictly by appointment only. Please register your contact details to arrange a private inspection with the listing agent
• Attendees are limited to one agent and one prospective purchaser, who may be accompanied by one other person (either an existing household member or intimate partner) and their children under 18 years old if there are no appropriate alternative care arrangements available
• Please maintain safe social distancing of 1.5m from anyone in attendance including PhilipWebb staff
• Face masks must be worn at all times
• Avoid touching surfaces including fittings and fixtures within the property
• Hand sanitiser is provided
We kindly ask that you refrain from attending an inspection if you:
• Are experiencing flu-like symptoms
• Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus
• Have recently travelled overseas or have been in direct contact with someone who has
We’re all in this together and we thank you for your understanding.
Listing description written by Tristan Messerle, Barry Plant Eastern Group — reproduced as published, not verified by Districts.