20-24 Burwood Avenue
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About this property
A rare and compelling permit-approved development and investment opportunity in one of Ringwood's most tightly held, high-growth precincts. Positioned within the Ringwood Activity Centre, this substantial 2,106sqm site across three separate titles offers scale, flexibility and immediate build certainty. Approved plans are already in place for 30 contemporary townhouse and terrace-style residences across three levels, enabling a purchaser to proceed with confidence and minimal planning risk. For those seeking to further optimise outcomes, the site also presents potential to revisit the design and explore higher-density alternatives, subject to council approval and alignment with the precinct's evolving planning framework. From both an owner-occupier and leasing perspective, the approved product type and central location are ideally suited to first-home buyers, downsizers and investors, underpinning strong end-buyer demand. Unbeatable Connectivity & Proven End-Buyer Appeal Approx. 3 minutes to EastLink and the Eastern Freeway, delivering direct access to Melbourne's CBD and key employment corridors Walking distance to Eastland Shopping Centre, Ringwood Square and Costco Easy access to Ringwood Train Station and major bus services Surrounded by established cafés, restaurants, schools, childcare and parklands This tightly connected Activity Centre location continues to benefit from substantial public and private investment, providing planning certainty, enduring demand and strong resale and rental fundamentals. With permits secured, generous landholding and a proven, high-demand location, this is a blue-chip development opportunity offering immediate execution capability and long-term growth. A strategic acquisition in one of Melbourne's most active and desirable eastern hubs. Please contact Harry Fares or Vivian Wong to obtain a copy of the plans and also an opportunity to discuss securing this investment!
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 8
- Bathrooms
- 4
- Parking
- 4
- Land Area
- 2106 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Ringwood
This 8-bedroom house in Ringwood, VIC 3134 sits within reach of public transport, local shops and nearby schools. It is listed 336% above the $815,000 median of 62 comparable houseswithin 5 km.
Schools near Ringwood
- Yarra Valley Grammarcombined · Prep-12 · CoEd
- Kalinda Primary Schoolprimary · Prep-6 · CoEd
- Mullum Primary Schoolprimary · Prep-6 · CoEd
- Our Lady of Perpetual Help Schoolprimary · Prep-6 · CoEd
- Aquinas Collegesecondary · 7-12 · CoEd
- Indie School Wodonga - Indie School Ringwood Campussecondary
What's nearby
- Charter St/New St (bus) — 262 m away
- We Do Print — 201 m away
- Sherbrook Park — 170 m away
- Unnamed — 340 m away
- Buxton Road Linear Reserve — 663 m away
Ringwood at a glance
Full suburb profile- Population
- 19,144
- Median age
- 38
- Household income
- $1,654/wk
- Median rent
- $381/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Ringwood price trend
Median sold · House 3 bed
Compound growth -0.4% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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