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 › Werac Dr
3
Bedrooms
2
Bathrooms
2
Car spaces
753 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ringwood North (last 5 years) with land size have a median of $1,465/m² of land (n=68). 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.
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 MitchamFOR SALE BY FIXED DATE Tue 30th Oct 5pm.
Are you looking to elevate your position in life? If so, this impressive home presents the perfect opportunity. This pristine residence offers treetop views and a range of indoor/outdoor spaces that will delight.
On the entry level theres a spacious living area with cathedral ceilings, and a wood burning fireplace thatll be a popular addition in cooler months. This is overlooked by a dining space that flows through to a fully renovated kitchen with quality Bosch appliances, generous storage options and stone benchtops with waterfall sides.
Adjacent to this is a second living zone, where bifold doors open to a substantial undercover alfresco area, framed by lush gardens and a generous backyard where a beautiful cherry blossom tree takes pride of place. The space is ideal for entertaining, play or quiet relaxation in private, idyllic surrounds.
The accommodation also boasts three sizeable bedrooms and two modern bathrooms. The master which is located at the front of the home has a walk-in robe and an ensuite with twin basins and a storage rich vanity, whilst the remaining two bedrooms are zoned together, sharing use of a fully tiled central bathroom with a frameless shower and a deep freestanding bath.
An array of extras pay complement to the already notable home. These include gas ducted heating, evaporative cooling, timber floors, a large laundry, an underhouse workshop, a double carport and a variety of desirable amenities.
Youre within close proximity of local buses with rail links, popular shopping precincts including Eastland and the Ringwood North strip, a variety of open green spaces including Loughies Bushland Reserve, BJ Hubbard Reserve and the Werac Drive Playground plus a variety of reputable local schools.
This striking home allows you to move in, unpack and start enjoying your new home immediately. Inspect without delay to avoid disappointment.
Listing description written by Adam Harris, Jellis Craig Mitcham — reproduced as published, not verified by Districts.