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306-308 Maroondah Highway, Ringwood$765,000
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306-308 Maroondah Highway

Ringwood, VIC 3134, Australia
$730,000 – $800,000
1124 m²

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About this property

Captivating an elevated neighbourhood panorama, this first time offered land parcel brings rewarding RZ1 benefits and a central Ringwood position with incredible potential. The opportunity exists to build multi townhouses or a lavishly appointed home (STCA) on the expansive 1124m2, high side allotment with a wide 31.47m street frontage. This land holding is within close distance of key leisure attractions including Ringwood Lake, the cycling and walking trails of Mullum Mullum Creek and the incredible community facilities at Karralyka Theatre, REALM and Aquanation. Within minutes of Eastland Shopping Centre, Ringwood Square, Bunnings and Costco, along with local shopping precincts at Railway Avenue and Burnt Bridge. Zoned to Norwood Secondary College and Mullum Primary, and in close distance to Tintern Grammar. Excellent central access to Ringwood Station and Ringwood East's newly revamped station and public transport hub. Surrounded by an array of nearby restaurants and eateries including renowned The Firehouse, Holy Basil and a selection of fine establishments at Town Square. Seamless connections to Maroondah and Ringwood Private Hospitals, the Eastern Freeway and Eastlink. Ringwood is highly sought after for its city links as well as its short scenic drives to The Dandenong Ranges National Park and dozens of reputable wineries and gourmet produce stores in the Yarra Valley winery region. Development prospects are substantial in this prime corridor of connectivity, with scope to build an incredible home or project in the future, and the ability to build three storey townhouses or apartments STCA. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1124 m²
Listed
3 months ago

Repayment calculator

$3,709/month
$1,854 /fortnight
Loan $612,000 at 6.10% over 30 years

Upfront costs

Deposit$153,000
Stamp duty$40,970
Conveyancing (est.)$2,000
Total upfront$195,970
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 land in Ringwood, VIC 3134 sits within reach of public transport, local shops and nearby schools. It is listed 14% below the $885,000 median of 65 comparable landswithin 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

  • Andrew St/Ringwood St (bus)1.3 km away
  • BWS1.3 km away
  • Ringwood Lake Park661 m away
  • Unnamed781 m away
  • Larissa Park823 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

Price history

Listing price changes

1 price change recorded for this property

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