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 › Sunbeam Ave
$1,220,000
Last sold
24 Dec 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
1,049 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
$1,220,000
24 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Ringwood East (last 5 years) with land size have a median of $1,328/m² of land (n=30). 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
+10.9%
Median sale
Suburb $1,100,000
-0.26 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 LilydalePositioned in a popular pocket of Ringwood East, this superb property comes with plans and permits to construct three double-storey townhouses. Located in General Residential Zone – Schedule 1 (GRZ1) and occupying a 1049m2 (approx.) block, this golden opportunity will appeal to the developer, builder or shrewd buyer.
With all services connected, upon completion of the brand new homes, the occupants will enjoy spacious open-plan living, three bedrooms including a master with walk-in robe and full ensuite, in addition to a garage. There's plenty of scope to enhance each residence according to the developer/builder's budget, capitalising on this highly esteemed Ringwood East address.
The current brick-veneer dwelling is solid, homely and honest. The attractive rose garden introduces family and guests to the home's special appeal while the covered front porch leads you invitingly inside to the sun-drenched interior.
Two separate living zones provide as an asset to the growing family, beginning with the bright L-shaped lounge and dining boasting air-conditioning and a view of the front garden. The family area features split system air-conditioning and leads outdoors to a fully enclosed alfresco.
The well-maintained kitchen is original and comprises a gas stove, servery, tiled splashback and has been conveniently updated with a stainless steel electric wall oven. Additional highlights include; separate tiled laundry, gas ducted heating, linen press, timber accents throughout, paved outdoor area, large private grassy yard with fruit trees and garden shed, secure double gates to the rear which leads to the double garage plus ample off-street parking.
The master looks out to the garden and is enhanced with a walk-in robe and full ensuite incorporating a walk-in shower. Bedrooms two and three are well proportioned, feature double built-in robes and are conveniently placed within easy access to the main bathroom showcasing non-slip tiles, huge walk-in shower, vanity, mirror cabinet and adjoining toilet.
The location is perfect for raising a family with parks, schools, transport, shops and recreational facilities close by. Walk to Ringwood East Railway Station only 750m (approx.) away, Burnt Bridge Shopping Centre, Ringwood East Reserve, Maroondah Hospital, Ringwood East Child Care and Kindergarten, as well as being close to Eastwood Primary School, Tintern Grammar, Aquinas College, Aquanation and EastLink freeway. The magnificent Yarra Valley and Dandenongs are also a draw card.
With all the ground work already achieved, this rare opportunity offers a prosperous future.
Listing description written by Ashley Hutson, Barry Plant Lilydale — reproduced as published, not verified by Districts.
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