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11 Russet Road,
Ringwood East VIC 3135

This property is Off Market

All about Ringwood East Homes for sale in Ringwood East

The Average property price in this area is $1,233,050, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 24.86 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Woodards UNIT 3, 57 PATTERSON ST, $890,000 - $920,000 3 Beds - 2 Baths - 2 Parking Within 0.5 km Fletchers UNIT 4, 41 SUNBEAM AV, For Sale $690,000 - $740,000 2 Beds - 1 Baths - 2 Parking Within 1.0 km Fletchers 25 DUBLIN RD, For Sale $950,000 - $1,045,000 4 Beds - 2 Baths - 1 Parking Within 1.1 km LJ Hooker 5A VALDA AV, Contact agent 2 Beds - 1 Baths - 2 Parking Within 1.4 km Woodards 3 RUTHVEN WAY, Sale Closing 23rd December 5pm 4 Beds - 3 Baths - 3 Parking Within 1.6 km

Recently Sold Properties in this Area

About Ringwood East

With an average age of 38, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $375. The average family earns a weekly income of $2,136 with a typical household size of 2.6 and a 93.4% employment rate.

Consistent high demand relative to supply is a key feature in Ringwood East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ringwood East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Ringwood East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ringwood East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Mitcham

Stop 74: Stanley Road tram

Stop 75: Vermont South Shopping Centre tram

Stop 75: Vermont South Shopping Centre train

Croydon

Mooroolbark train

Bayswater

Boronia

Ringwood East train

Heathmont

General Points of Interest

Wantirna Golf Range

Sunclock

Montrose War Memorial

Neighbours Backlot monument

War Memorial sport

Doncaster Action Indoor Sports schools

Melbourne School of Theology golf

Ringwood Golf Course schools

Swinburne University of Technology - Wantirna Campus

Vermont South Shopping Centre

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 2703 asthma sufferers and 770 people living with diabetes. In addition, 985 people have a heart/vascular condition and 1531 people live with three or more chronic diseases.

A good place to invest in property?

Ringwood East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

62 / 100

52 / 100

Industry

35 / 100

17 / 100

Population

55 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

53 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Ringwood Secondary College Eastwood Primary School
Norwood Secondary College
Ringwood, VIC, 3134 State 7-12
Great Ryrie Primary School
Heathmont, VIC, 3135 State Prep-6
Our Lady of Perpetual Help School
Ringwood, VIC, 3134 Independent Prep-6
Tintern Grammar
Ringwood East, VIC, 3135 Independent Prep-12
Mullum Primary School
Ringwood, VIC, 3134 State Prep-6
Aquinas College
Ringwood, VIC, 3134 Independent 7-12
Heathmont East Primary School
Heathmont, VIC, 3135 State Prep-6
Eastwood Primary School
Ringwood East, VIC, 3135 State Prep-6

Property Story

11 Russet Road, Ringwood East, Vic, 3135 is a residential property . The estimated distance to the sea is 24.86km and 0.33KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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