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20-24 Burwood Avenue, Ringwood$3.55m
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For Salehouse

20-24 Burwood Avenue

Ringwood, VIC 3134, Australia
$3.40m – $3.70m
8 bed 4 bath 4 car2106 m²

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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

Repayment calculator

$17,210/month
$8,605 /fortnight
Loan $2,840,000 at 6.10% over 30 years

Upfront costs

Deposit$710,000
Stamp duty$210,750
Conveyancing (est.)$2,000
Total upfront$922,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Print201 m away
  • Sherbrook Park170 m away
  • Unnamed340 m away
  • Buxton Road Linear Reserve663 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

$973kcurrent median

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Price history

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