Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 201 recorded sales (last 12 months) — a Districts calculation.
NSW › Marsden Park › Ribbonwood Cres
$1,640,000
Last sold
20 Feb 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,640,000
20 Feb 2026 · derived via latest_sale
Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 201 recorded sales (last 12 months) — a Districts calculation.
Vs Marsden Park
+31.2%
Median sale
Suburb $1,250,000
-0.83 pp
Gross yield
Suburb 3.51%
Suburb median $1,250,000 from 201 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $844/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Marsden Park at a glance
24,035
People
$1,250,000
Median sale
$844/wk
Median rent
3.51%
Suburb gross yield
Median sale from 201 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Laing+Simmons Box HillLaing+Simmons The Mangat Group proudly presents 29 Ribbonwood Crescent, Marsden Park, a beautifully proportioned five-bedroom family residence offering generous living spaces, flexible accommodation, and seamless indoor-outdoor entertaining in a highly sought-after lake-facing setting.
Thoughtfully designed to cater to growing families, this home delivers multiple living zones across two levels, providing the perfect balance between everyday comfort and functional family living. From the moment you step inside, the spacious layout, abundance of natural light, and well-considered design create a welcoming environment ideal for both relaxation and entertaining.
Property Features
• Five generously sized bedrooms, all fitted with built-in wardrobes
• Private master suite complete with walk-in robe, ensuite, and uninterrupted lake views
• Three modern bathrooms featuring sleek and contemporary finishes
• Ground-floor bedroom and bathroom, ideal for extended family or visiting guests
• Multiple living spaces including a dedicated media room, formal lounge or study, and rumpus room opening onto the balcony
• Well-appointed kitchen with ample storage and preparation space, flowing seamlessly into the dining and living areas
• Covered alfresco area ideal for year-round outdoor entertaining
• Double lock-up garage with secure internal access
• Additional features include ducted air conditioning, downlights, pendant lighting, feature walls, ceiling fans, quality finishes, and easy-care outdoor areas
Location Highlights
• Walking distance to Melonba Public School and Melonba High School
• Close to Elara Village Shopping Centre, featuring Woolworths and local specialty stores
• Easy access to Costco, IKEA, Bunnings, and Sydney Business Park
• Surrounded by parks, recreation areas, and local sporting fields
• Convenient access to Richmond Road, the M7 Motorway, Schofields Train Station, and Tallawong Metro
Offering space, flexibility, and a peaceful lake-facing outlook, 29 Ribbonwood Crescent is a home designed to accommodate every stage of family life while enjoying the lifestyle benefits of a thriving Marsden Park location.
For further information or to arrange an inspection, please contact Raj Mangat or Taz Singh at Laing+Simmons The Mangat Group.
Disclaimer: The above information has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should rely on their own enquiries.
Listing description written by Taz Singh, Laing+Simmons Box Hill — reproduced as published, not verified by Districts.
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