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 › Menzies Cres
$1,354,500
Last sold
1 June 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
915 m²
Land
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
Last sold
$1,354,500
1 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Ringwood North (last 5 years) with land size have a median of $1,458/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.
Vs Ringwood North
+13.1%
Median sale
Suburb $1,197,500
-0.32 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 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 $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.
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
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?
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.
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 Jellis Craig Yarra Ranges Mooroolbark & LilydaleFor lavish family space and comfort put this expansive four bedroom home showcasing multiple living areas, two kitchens and two double garages, on your wish list. A sought after Ringwood North corner block address surrounded by parks, walking tracks and excellent schools and a home designed to take in elevated treetop views, deliver a stunning lifestyle where convenience abounds. A remote double garage, impressive two storey facade, exquisite garden and entry foyer with sweeping staircase exude instant grandeur.
With spaces to escape or entertain, the home is highlighted by four large living areas; peaceful formal lounge room at the head of the stairs, separate dining room with glass door opening to huge kitchen/meals area, ideal for casual family get-togethers with space for everyone and a huge downstairs rumpus room adjacent to a second kitchen. The downstairs area also features a large powder room and access to the garage and under house workshop/storage and could be renovated to provide separate accommodation.
Discover four robed bedrooms, luxurious bathroom and powder room on the upper level; parents have a huge master suite with deluxe ensuite with floor to ceiling tiles, double walk through robes and treetop views. Inclusions: stone topped double vanity and freestanding bath in the main bathroom, abundant storage, expansive bench space and Ariston dishwasher in the kitchen, gas ducted heating, split system, front and rear porch and a second extended height double garage in the good sized rear yard.
Ringwood Heights Primary School, Ringwood North Primary, Norwood Secondary College, a number of excellent private schools and local shops close by with Eastland and Ringwood station within easy reach. Expansive family accommodation with multiple living areas in a stunning leafy setting. Call for an inspection today!
FURTHER CONTACT
By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 9726 8888 or send an email to mooroolbark@methven.com.au
Listing description written by Matthew Bishop, Jellis Craig Yarra Ranges Mooroolbark & Lilydale — reproduced as published, not verified by Districts.