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 › Burlock Ave
$1,240,000
Last sold
24 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,038 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
$1,240,000
24 May 2024 · 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.
Vs Ringwood North
+3.5%
Median sale
Suburb $1,197,500
-0.09 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 voglwalpole estate agentsSituated on Loughnan Hill, this inspiring weatherboard home resting on an impressive 1038 sqm (approx) offers a warm and welcoming vibe, coupled with all-season outdoor living and entertaining. Bask in the light that streams into the lounge room, featuring built-in bookshelves and peaceful garden views, accompanied by a family room and dining zone with a treed outlook, overlooking a stylish kitchen that plays the perfect host, appointed with an island breakfast bar, quality appliances, a butler's pantry/laundry, and abundant storage.
Three robed bedrooms are nestled together for ease and look out onto the garden, alongside a modern bathroom with a walk-in rain shower, a towel/accessories cupboard, and a separate powder room.
Central to the design, step onto a large elevated wraparound deck with café blinds, featuring a picturesque view of the valley below and overlooking the established backyard with its tall canopy of trees.
Nestled in the garden with a private entrance, is a self-contained delightful 1-bedroom cottage. For the past 11 years the cottage has been operated as a short-term rental on the Airbnb platform. The occupancy rate is consistently high and comprises approximately 70% international and 30% local guests, many of them are repeat patrons. There is provision for one car off street parking for guests. While a continuation of this operation with the resulting income may appeal to some, the cottage would also provide a quiet work-from-home space, or wonderful accommodation for the in-laws, guests, or growing children, featuring a kitchenette, bathroom, private laundry facilities and a verandah to sit back, relax and listen to the soft chorus of native birdlife as you enjoy breakfast or a casual meal outdoors.
Finishing touches include an alarm, ducted heating, evaporative cooling, under-house storage/ workshop, 3 water tanks, an irrigation system, solar (15 panels), a mini orchard of fruit trees, veggie gardens, a firepit zone, and a double high-clearance carport that will accommodate a caravan/boat.
In a family-friendly location, walking distance from BJ Hubbard Reserve, Evelyn Reserve Playground, and Ringwood Heights Primary School. Zoned for Norwood College, and close to North Ringwood Village, elite private schools, Eastland Shopping Centre, Ringwood Train Station and EastLink for swift access to the CBD, Mornington Peninsula and the Yarra Valley.
Listing description written by Donna Walpole, voglwalpole estate agents — reproduced as published, not verified by Districts.