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79 Ringwood Street, Ringwood VIC 3134

$1,250,000 - $1,350,000

Search Band Search Visibility Band

$1.2M - $1.3M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 1 Car 1117 m²

Listed: 51 days ago

Overview

This substantial property at 79 Ringwood Street combines prime land size with a highly sought-after zoning, presenting both lifestyle appeal and exceptional development potential. Sitting on 1,117 square metres within the Housing Choice and Transport Zone Schedule 2 (HCTZ2), the site provides flexibility for diverse redevelopment or residential enjoyment in a central location.

Strategically positioned just a short walk from key amenities, the home is approximately 400 metres from Eastland Shopping Centre, 300 metres to the Ringwood Bypass, and within close proximity to the Ringwood train station and bus terminal. This makes it an excellent choice for those valuing connectivity and convenience.

Inside, the residence offers three bedrooms and two well-appointed bathrooms, catering comfortably to families or those seeking functional living spaces. The provision of a single parking space complements the setup, while the generous land footprint invites outdoor possibilities, whether for private gardens, entertaining, or future expansion.

Potential buyers who might appreciate this offering include developers attracted to the site's zoning benefits, families looking for a sizeable property with access to good infrastructure, and investors aiming for opportunities in a growing precinct. The balance between an established home and exceptional location is a defining feature.

Land Size: 1,117sqm provides notable space in a high-density zone
Proximity to Eastland Shopping Centre and transport hubs enhances lifestyle convenience
Comfortable accommodation with 3 bedrooms and 2 bathrooms
Opportunities abound for redevelopment or enhancement given HCTZ2 zoning

In summary, 79 Ringwood Street presents a unique combination of residential comfort and strategic land position, appealing to a broad spectrum of buyers seeking to capitalize on one of Ringwood’s rarer large land parcels.

Local Market Insights

In Ringwood, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $1,182,778. The property type mix of listed properties is predominantly Houses at 50%, followed by townhouses (17%), and units (15%). The most active agency for houses in the Ringwood area is currently Jellis Craig, representing 26% of new listings, followed by Hoskins Real Estate with 19%. 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.