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 › Velma Grove
$1,330,000
Last sold
13 May 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
870 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
$1,330,000
13 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Ringwood East (last 5 years) with land size have a median of $1,315/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
+20.9%
Median sale
Suburb $1,100,000
-0.46 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 Noel Jones Maroondah & Yarra RangesSold by Warren Paas 0411 558 994 - Noel Jones Maroondah
When the owners designed this residence just over 15 years ago, they planned for it to be properly lived in. And that meant generous proportions, well-considered spaces and a clear focus on practicality to make day-to-day life easy.
Enveloped by native gardens on an 870sqm (approx.) corner allotment, the thought behind the property is immediately apparent. An extra-tall remote double garage and gated side entry to the yard sit alongside the contemporary brick residence, catering to large cars, trucks and leisure vehicles.
Comfort is assured throughout, with double insulation and double-glazed windows complemented by ducted heating and refrigerated air conditioning.
Two spacious zones allow the family to spread out, with the open plan living and dining room bringing everyone together. Taking in sweeping treed vistas and opening to a covered alfresco, it's the heart of the home. Overlooking it is a stylish kitchen, featuring quality appliances, stone benches and an abundance of storage, including a double-sided breakfast island and a fitted-out walk-in pantry with direct access to the garage, making bringing in the groceries a breeze.
Accommodation is also thoughtfully arranged, adding to the home's functionality. A generous master bedroom sits at the front, complete with a walk-in wardrobe and ensuite, while three additional bedrooms with fitted-out built-in wardrobes are positioned in a rear wing, two boasting city views. A central bathroom, powder room and a laundry with built-in storage and clothesline access complete the internal footprint.
Further highlights include a 16-panel solar system, ducted vacuum, a heat pump hot water service, extensive internal and under-house storage including a powered workshop, a 10,000-litre water tank connected to the toilets, an established vegetable garden, citrus trees and berry bushes.
A convenient location enhances it all, situated within walking distance of Maroondah Preschool, bus stops, local shops, Maroondah Hospital and medical suites. Ringwood East and Croydon's shopping, dining and transport hubs are just minutes away, along with Eastland, EastLink and a selection of well-regarded schools including Sacred Heart and Tinternvale Primary Schools, Tintern and Yarra Valley Grammar, plus Luther, Melba and Aquinas College.
Disclaimer:
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Listing description written by Warren Paas, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.
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