Ringwood East at a glance
11,729
People
$1,100,000
Median sale
$556/wk
Median rent
2.63%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Ringwood East › Shasta Ave
$1,335,000
Last sold
27 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
682 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
$1,335,000
27 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Ringwood East (last 5 years) with land size have a median of $1,318/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Ringwood East at a glance
11,729
People
$1,100,000
Median sale
$556/wk
Median rent
2.63%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Ringwood East
+21.4%
Median sale
Suburb $1,100,000
-0.46 pp
Gross yield
Suburb 2.63%
Suburb median $1,100,000 from 13 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
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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 689 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 689 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 $556/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 689 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 689 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 East at a glance
11,729
People
$1,100,000
Median sale
$556/wk
Median rent
2.63%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Eastern GroupOn-site and online auction
Anywhere Auctions – register to bid via link below
https://anywhereauctions.com.au/app/property?propertyId=11815
Set in one of Ringwood East’s most sought-after pockets, an easy walk to the local shopping strip and train station, this stunning home has all the charm and attraction of a weatherboard classic combined with contemporary finishes and a family-friendly floorplan.
Beautifully manicured gardens enhance the home’s picturesque street appeal, opening into a very generous interior complemented by high ceilings and polished timber floors. Enjoy the choice of formal and informal living areas, which are serviced by a well-appointed kitchen and extend to a spectacular undercover alfresco for easy entertaining.
Comprising four sizeable bedrooms and a period-style main bathroom with separate WC, the home perfectly caters for large or growing families. The lavish master occupies the entire upper floor, offering complete privacy and comfort with its own ensuite, walk-in robe, parents’ retreat and balcony.
Adding to the appeal are luxury inclusions such as ducted heating, air conditioning, ceiling fans and a workshop as well as a lock-up double garage with rear roller door allowing for the secure storage of caravans, boats or trailers.
Convenience is assured with this first-class location providing easy access to Eastland, EastLink, bus services and Wombolano Park. In the zone for Ringwood Secondary College, other nearby schools include Eastwood Primary and Tintern Grammar.
***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:
• Open for inspections are now permitted
• The maximum number of people that may attend is subject to density quotient: one person per two sqm rule applies
• Maximum number of people includes all individuals present i.e. owners, residents and PhilipWebb staff. Infants under one year of age are not included
• Your contact details must be provided to PhilipWebb staff
• Please maintain safe social distancing of 1.5m from anyone in attendance
• 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
Listing description written by Rob Forbes, Barry Plant Eastern Group — reproduced as published, not verified by Districts.
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