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VIC › Ringwood North › Wellesley Rd

16 Wellesley Rd, Ringwood North VIC 3134

House

$1,452,000

Last sold

25 Mar 2023

4

Bedrooms

2

Bathrooms

4

Car spaces

1,813 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,452,000 (25 Mar 2023).(Recorded sale)
  • FactLand 1,813 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ringwood North (last 5 years) with land size: median $1,473/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE (LDRZ) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,452,000

25 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Ringwood North (last 5 years) with land size have a median of $1,473/m² of land (n=67). 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.

See the full Ringwood North report →

Vs Ringwood North

+21.3%

Median sale

Suburb $1,197,500

-0.48 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 and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Manningham

Manningham, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 971113

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,452,00025 Mar 2023
  2. Listedprice unknowncompleted1 Mar 2023
  3. Listedprice unknowncompleted1 Mar 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,814 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.

What could kill that thesis?

Confidence: low

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 1,814 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,814 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 1,814 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ringwood North in one glance

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.

See the full Ringwood North report →

Keep researching

  • Why Ringwood North? Read the area thesis →
  • What else is on the market in Ringwood North →
  • Other records on Wellesley Rd →

Listing material

Listed by RT Edgar Manningham

A picturesque setting for family living on 1,813m2 (approx.)

Bursting with blooms and verdant beauty on a sprawling 1,813m2 (approx.) block, this enchanting home is a blissful, indoor-outdoor haven. Offering contemporary comfort across a spacious family layout, the home is wrapped by broad windows and scattered with skylights, filling every room with natural light and leafy views.

Showered in northerly light by day and the warm glow of a gas fireplace by night, a commodious lounge and dining room is a picturesque setting to mingle family and friends, stretching onto a sundrenched patio for alfresco dining. With Victorian Ash floors underfoot, an open plan kitchen and meals area serves guests over a wide hostess island, while easily catering to crowds with a full appointment of stainless-steel appliances and extensive storage. At the back of the home, a vast family room nurtures everyday relaxation, transforming into a vibrant entertainer for en-masse celebrations.

Each living domain extends into the home’s rambling gardens, offering endless paths for kids to explore, and peppered with secluded seating areas to laze beneath a leafy canopy with a book or to recharge your Zen.

Read the full description

The accommodation places parents in a private position with a walk-in robe and a twin-basin ensuite, while three robed kids’ bedrooms share a fully tiled bathroom and a separate WC. Finished with a laundry, a garden shed, and a four-car garage with a workshop, this garden hideaway offers easy comfort today, while tempting a renovation, extension, or a new home design in the future (subject to council approval).

Set in a tranquil top-of-the-court location, the home is ideally suited for family, situated within paces of Quamby Road Playground, local sporting clubs, and the 100 Acres Reserve, while minutes from Ringwood North’s tasty eateries and conveniences, Eastland Shopping Centre and Ringwood station, leading public and private schools, and the Eastlink arterial.

Listing description written by Paul Ibrahim, RT Edgar Manningham — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.