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Location

Market Insights for Ringwood North VIC 3134

New Listings (last 30 days)

Average price

$1,025,000

Lowest price

$650,000

Highest price

$1,400,000

19-21 Aurum Crescent, Ringwood North VIC 3134

$1,550,000 - $1,700,000

Search Band Search Visibility Band

$1.55M - $1.63M Transparent Transparent Listing Based on an openly advertised listing price.

Land 2192 m²

Listed: 59 days ago

Updated: 9 days ago

Overview

This rare offering of approximately 2,192 square metres in a sought-after Ringwood North location represents an exceptional land investment with notable development potential. The site’s generous size and existing dual crossover create flexibility, allowing for subdivision into two substantial lots, multiple residences, or a boutique residential development subject to council approval.

Set within the Neighbourhood Residential Zone Schedule 2 (NRZ2), this property provides a unique opportunity for astute developers, builders, or investors looking to capitalize on the scale and strategic positioning of the land. The dual access points enhance practical design possibilities and future subdivision, facilitating multiple pathways to maximize value.

The sizeable landholding is situated in a well-established community surrounded by quality homes and amenities, emphasizing its appeal for projects that benefit from a desirable residential setting. The property is conveniently zoned for quality schools such as Ringwood Heights Primary and Norwood Secondary College, as well as prestigious private schools nearby.

Proximity to Eastland Shopping Centre, Ringwood Square, and local shops provides easy accessibility to retail and essential services, while nearby Ringwood Station and EastLink offer excellent transport links to Melbourne’s CBD and broader freeway network, supporting a balanced lifestyle.

Whether subdividing, developing multiple new homes, or custom redeveloping, this property offers an outstanding prospect to secure significant land with established access and zoning in one of the region’s premium residential pockets.

Local Market Insights

In Ringwood North, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,025,000. The property type mix of listed properties is predominantly Houses at 47%, followed by townhouses (16%), and apartments (16%). The most active agency for land in the Ringwood North area is currently Barry Plant, representing 50% of new listings, followed by Ray White with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.