5 Velma Grove, Ringwood East$1.33m
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Soldhouse

5 Velma Grove

Ringwood East, VIC 3135, Australia
$1.33m
4 bed 2 bath 4 car870 m²

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Listing description

About this property

When the owners designed this residence just over 15 years ago, they planned for it to be properly lived in. And that meant generous proportions, well-considered spaces and a clear focus on practicality to make day-to-day life easy. Enveloped by native gardens on an 870sqm (approx.) corner allotment, the thought behind the property is immediately apparent. An extra-tall remote double garage and gated side entry to the yard sit alongside the contemporary brick residence, catering to large cars, trucks and leisure vehicles. Comfort is assured throughout, with double insulation and double-glazed windows complemented by ducted heating and refrigerated air conditioning. Two spacious zones allow the family to spread out, with the open plan living and dining room bringing everyone together. Taking in sweeping treed vistas and opening to a covered alfresco, it's the heart of the home. Overlooking it is a stylish kitchen, featuring quality appliances, stone benches and an abundance of storage, including a double-sided breakfast island and a fitted-out walk-in pantry with direct access to the garage, making bringing in the groceries a breeze. Accommodation is also thoughtfully arranged, adding to the home's functionality. A generous master bedroom sits at the front, complete with a walk-in wardrobe and ensuite, while three additional bedrooms with fitted-out built-in wardrobes are positioned in a rear wing, two boasting city views. A central bathroom, powder room and a laundry with built-in storage and clothesline access complete the internal footprint. Further highlights include a 16-panel solar system, ducted vacuum, a heat pump hot water service, extensive internal and under-house storage including a powered workshop, a 10,000-litre water tank connected to the toilets, an established vegetable garden, citrus trees and berry bushes. A convenient location enhances it all, situated within walking distance of Maroondah Preschool, bus stops, local shops, Maroondah Hospital and medical suites. Ringwood East and Croydon's shopping, dining and transport hubs are just minutes away, along with Eastland, EastLink and a selection of well-regarded schools including Sacred Heart and Tinternvale Primary Schools, Tintern and Yarra Valley Grammar, plus Luther, Melba and Aquinas College. Disclaimer: Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
870 m²
Listed
2 months ago

Repayment calculator

$6,448/month
$3,224 /fortnight
Loan $1,064,000 at 6.10% over 30 years

Upfront costs

Deposit$266,000
Stamp duty$73,150
Conveyancing (est.)$2,000
Total upfront$341,150
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 East

This 4-bedroom house in Ringwood East, VIC 3135 sits within reach of public transport, local shops and nearby schools. It is listed 51% above the $880,000 median of 65 comparable houseswithin 5 km.

Schools near Ringwood East

  • Tintern Grammarcombined · Prep-12 · CoEd
  • Eastwood Primary Schoolprimary · Prep-6 · CoEd
  • Tinternvale Primary Schoolprimary · Prep-6 · CoEd
  • Avenues Education - Eastern Metropolitansecondary

What's nearby

  • Thurleigh Ave/Bayswater Rd (bus)1.5 km away
  • MAKA MAKA1.2 km away
  • Smithdene Avenue Reserve679 m away
  • Shane Crescent Reserve781 m away
  • Knaith Road Park1.2 km away

Ringwood East at a glance

Full suburb profile
Population
10,764
Median age
38
Household income
$1,817/wk
Median rent
$380/wk
Median mortgage
$2,051/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Ringwood East is experiencing moderate infill residential development and local centre revitalisation activity, particularly around the train station and Maroondah Highway corridors. Council DAs reflect incremental townhouse and dual-occupancy approvals on underutilised sites, with emerging interest in mixed-use intensification near retail anchors. Infrastructure and schools projects are supporting gradual population growth without major precinct-wide transformation.

Nearby projects

5

Closest

0.5 km

Ringwood East Mixed-Use Precinct

500m1km1.5km2kmRingwood East Mixed-Use Precinct — 0.5 kmRingwood East Primary School expansion — 0.6 kmMaroondah Highway retail and commercial expansion — 0.8 kmRecent residential subdivision - Mountain Highway corridor — 1.2 kmMulti-unit residential development - Eastland adjacent — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Ringwood East Mixed-Use Precinct

0.5 km
Mixed-useProposed

Local activity centre renewal with residential apartments and retail around Ringwood East train station precinct.

500 m

Ringwood East Primary School expansion

0.6 km
InfrastructureApproved

Local education capacity upgrade to support residential infill across the broader Ringwood precinct.

600 m

Maroondah Highway retail and commercial expansion

0.8 km
CommercialApproved

Convenience retail and small-scale commercial development along the Maroondah Highway frontage.

800 m

Recent residential subdivision - Mountain Highway corridor

1.2 km
Residential subdivisionUnder construction

Small-scale infill subdivision releasing dual-occupancy and townhouse lots in established residential pockets.

1.2 km

Multi-unit residential development - Eastland adjacent

1.5 km
Apartment buildingProposed

Multi-storey residential tower near Eastland shopping centre to support local employment and retail catchment.

1.5 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Ringwood East price trend

Median sold · House 4 bed

Compound growth -0.3% / yr over 4 yrs

$1.12mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Ringwood East market

This listing

Price history

Price history

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