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 › Morcom Ave
$1,195,000
Last sold
9 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
720 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
$1,195,000
9 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Ringwood East (last 5 years) with land size have a median of $1,311/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
+8.6%
Median sale
Suburb $1,100,000
-0.21 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 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 $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.
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 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 GroupWarm and welcoming, this spacious residence in a prime pocket of Ringwood East is a character filled family sanctuary close to schools, transport, shops and parks.
Updated and renovated, this pristine home offers a large single level family floorplan with formal and informal living, home office, dining and entertainers kitchen, all wrapped in wide verandahs.
Stained glass windows, a leadlight entry door, beautifully polished solid timber floors, bay windows with window seats and an open fireplace blend with contemporary spaces to create harmonious interiors that flow from the living areas through to the generous bedrooms, and two bathrooms.
The large master bedroom, with generous WIR and modern en-suite, also boasts bay windows and French doors that bathe it in light and offer beautiful sightlines to the soothing leafy surrounds. You can step straight out onto the deck and enjoy a coffee to start your morning.
The informal living area opens to the wide verandah, paved entertaining area and alfresco for sheltered entertaining while enjoying fabulous views over the established gardens.
Made for relaxed living and effortless entertaining, this home includes ducted heating, air-conditioning units in living areas and bedrooms, abundant storage including a storage room, a child-friendly back garden complete with swings and sandpit, garden shed, vege patch and ample off-street secure parking with dual entry driveway.
Families are bound to enjoy its convenience with Eastwood Primary, Ringwood Secondary, Aquinus College, Aquanation, Ringwood Lake, Ringwood East shops, Bedford Road shops, Eastland Shopping centre, all just a short walk away. Multiple transport options include Ringwood East train station and Eastlink Freeway.
Listing description written by William Wong, Barry Plant Eastern Group — reproduced as published, not verified by Districts.