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 › Patterson St
$760,000–$810,000
For sale
Asking range
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
Asking
$760,000–$810,000
Asking range
No recorded sale for this property.
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
-30.9%
Median sale
Suburb $1,100,000
+1.17 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.
Based on the low end of the asking range, not a contract price.
$46,253 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ringwood East's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Vicprop Ferntree GullyPrivately positioned at the very rear of a boutique complex, this beautifully presented residence offers an outstanding combination of modern style, thoughtful upgrades and a lifestyle that's hard to match. Built in 2019 and recently refreshed with new internal paintwork, re-stained timber decking and beautifully landscaped gardens, this is a genuine turnkey opportunity where all the hard work has already been done.
Away from the street, the home enjoys a peaceful, secure setting with an abundance of natural light flowing throughout, creating a bright and welcoming atmosphere from the moment you step inside.
Beyond the welcoming entrance, the thoughtfully designed floorplan caters perfectly to modern family living. A dedicated study nook provides an ideal work-from-home space or homework station, while the expansive open-plan kitchen, dining and living area creates a seamless hub for everyday life and entertaining.
Large sliding doors open onto a stunning outdoor entertaining space featuring a covered Vergola, custom timber decking and beautifully integrated built-in seating. Cleverly designed with hidden storage beneath the seating, this space is as practical as it is inviting, offering the perfect place to store outdoor cushions, children's toys or entertaining essentials while maintaining a clean, uncluttered outdoor area.
The landscaped backyard combines low-maintenance gardens with a secure lawn, providing an ideal space for children and pets to enjoy while remaining easy to care for throughout the seasons.
Upstairs, three generous bedrooms provide peaceful accommodation, including a spacious master suite complete with a walk-in robe and a stylish ensuite featuring upgraded custom cabinetry. Two beautifully appointed bathrooms service the upper level, while a separate powder room downstairs offers added convenience for guests. All wet areas have been enhanced with premium fixtures and fittings, further elevating the home's contemporary appeal.
One of the home's true standout features is its exceptional storage. In addition to excellent internal storage throughout the residence, the oversized double garage has been professionally fitted with extensive custom-built cabinetry, creating an incredibly functional space for tools, sporting equipment, camping gear, seasonal items and household storage—something rarely found in townhouse living. Combined with additional storage incorporated into the outdoor entertaining area, every square metre of the home has been thoughtfully maximised.
Practicality continues with a remote double garage offering internal access, plus additional off-street parking for a third vehicle.
The location is equally impressive. Positioned directly opposite Ringwood East Station, cafés and local shopping, you'll enjoy the convenience of leaving the car at home while still being just minutes from Eastland Shopping Centre, Eastlink, Ringwood Lake Park, Maroondah Hospital and a selection of highly regarded schools including Ringwood Secondary College and Ringwood East Primary School.
Whether you're searching for your first home, looking to downsize without compromise or seeking a quality investment in a tightly held location, this exceptional residence delivers the perfect combination of privacy, premium finishes, intelligent storage and unbeatable convenience.
Listing description written by James Siakavelis, Vicprop Ferntree Gully — reproduced as published, not verified by Districts.
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