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 › Melview Dr
$1,350,000
Last sold
30 Oct 2024
3
Bedrooms
2
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
$1,350,000
30 Oct 2024 · derived via latest_sale
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.
Vs Ringwood North
+12.7%
Median sale
Suburb $1,197,500
-0.31 pp
Gross yield
Suburb 2.72%
Suburb median $1,197,500 from 12 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 $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 BigginScott ManninghamA paradise for entertainers and families alike, this beautifully renovated 3-bedroom home in the heart of Ringwood North combines contemporary comforts with sensational outdoor living.
Step inside to experience an open-plan layout that invites natural light through picturesque arch windows, illuminating the rich hardwood floors that flow throughout the home.
At the front of the home, the master suite serves as a private haven, boasting a spacious walk-in robe and a lavish ensuite with floor-to-ceiling tiles, twin basins and sleek modern finishes.
A sunken lounge is perfect for relaxing in comfort at the end of a long day as it leads through to a delightful meals area and Caesarstone kitchen with convenient servery window that connects to the outdoor entertainment space. Speaking of which, prepare to be dazzled by the expansive undercover alfresco area, complete with its own mini kitchen that features a pizza oven, BBQ, wok burner, and glass bar fridge—ideal for hosting memorable gatherings with family and friends.
Two additional bedrooms, each equipped with built-in robes, offer ample accommodation for family or guests, connecting with a freshly carpeted separate living area an ideal retreat for the kids. This area of the home is conveniently serviced by a beautifully designed family bathroom featuring a freestanding soaker tub and a floating vanity.
Venture outside to your own private oasis, where a solar-heated saltwater pool shimmers amid lush palm trees. The welcoming deck and cabana invite relaxation, and a cubby house, sprawling lawn, swing set, and chicken coop create a playground perfect for children.
The home is outfitted with central heating and split system cooling, ensuring a cozy environment all year long.
This exceptional home is conveniently situated within the coveted zones for Ringwood North Primary School and Norwood Secondary College, with Holy Spirit Primary and North Ringwood Preschool nearby. Enjoy easy access to the Ringwood North Shopping Centre, as well as vibrant Eastland, Ringwood train station, Eastlink, the Eastern Freeway, and scenic Mullum Mullum trail, all just moments away.
Completing this outstanding property is a remote double garage, ample storage solutions, and off-street parking options, ensuring all your needs are catered to.
Listing description written by Fabio Forlano, BigginScott Manningham — reproduced as published, not verified by Districts.