Ringwood at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
VIC › Ringwood › Heywood St
For sale
For sale
3
Bedrooms
1
Bathrooms
2
Car spaces
481 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
Asking
No recorded sale price for this property yet.
Ringwood at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 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 $553/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 at a glance
20,402
People
$995,000
Median sale
$553/wk
Median rent
2.89%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Guthrie Majella MelbourneA picturesque outlook of Proclamation Park and conveniently positioned on a corner block of approx. 481sqm this original weatherboard home is the perfect opportunity for the first home buyer or investor. Boasting warm timber floorboards throughout the home and modern compact kitchen and bathroom this 3-bedroom property is currently rented at $500 per week.
A welcoming generous-sized patio at the front of the home is ideal for sitting and soaking up the sun and enjoying the treed outlook. The spacious loungeroom boasts feature windows allowing plenty of natural radiant light, built in shelving and split system for all year-round comfort. The functional galley kitchen with gas cooking and abundance of cupboard storage space adjoins the dining area equipped with double glass sliding doors to separate from the living area and a set of glass doors that open to the covered deck area creating a seamless transition from indoors to outdoors for entertaining.
All three bedrooms are double-sized and fitted with timber look blinds. A central modern bathroom is tastefully updated in neutral tones. The family sized laundry and mud room has external entry close to the carport for easy access. The private small-scale backyard offers a lush lawn area, a concreted area ideal for BBQ or fire pit, covered deck and a large storage shed.
Conveniently located to amenities including less than 5-minute drive to Eastlink, Heatherdale & Ringwood Stations and 6-minute walk to Bus stop. Close proximity to Aquinas College, Heathmont Secondary College, Marlborough Primary School, Great Ryrie Primary School, Our Lady's Primary School, Wantirna Road Shopping Precinct, Eastland Shopping Centre and Heathmont Village Shops. A stroll to Sporting grounds including Proclamation Park, Jubilee Park, Aquanation, Ringwood Public Golf Course, The Rings - Basketball/Netball Stadium. ID required at all inspections. Contact Kathy Guthrie 0423012293.
Listing description written by Kathy Guthrie, Guthrie Majella Melbourne — reproduced as published, not verified by Districts.