FOR SALE
Strong Existing Improvements + Development Upside

26 & 28 Burwood Avenue
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 691m2
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Strong Existing Improvements with Development Upside

Incredible opportunity to secure one or both of these homes in Ringwood's sought-after Activity Centre Zone (ACZ1), Together measuring in at 1,392 sqm* of approx land and with two dwellings the investment upside is there and offers significant development (STCA). Residing in the coveted Ringwood Secondary Zone (STSA), the two existing homes are currently leased on month-to-month rental agreements with their current configurations detailed as follows.
Number 26: You'll find three bedrooms accompanied by a laundry, lounge room with open fireplace, central meals zone, kitchen and pergola for outdoor enjoyment, all on approx 691 sqm*. Perfect for renovation, investment or development.
Number 28: sits on a slightly larger site measuring 701 sqm* approx. and boasts two bedrooms, lounge, kitchen/dining and generous outdoor surrounds. Again ideal for renovation to live, invest or development.
Located in a suburb that's experienced significant growth and benefits from excellent amenities including excellent education facilities such as Ringwood Heights Primary, Ringwood Secondary and Aquinas College. Moments from Eastland Shopping Centre, Costco, Ringwood Square shops, Ringwood Train Station, restaurants, parkland and walking trails plus the convenience of EastLink Freeway.
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Jacob Biviano
0416 088 586
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Property Details for 26 & 28 Burwood Ave, Ringwood

26 & 28 Burwood Ave, Ringwood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 691m2. The place is currently for sale with Ray White Mount Waverley.

Building Type
House
Land Size
691m2

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About Ringwood 3134

The size of Ringwood is approximately 10.2 square kilometres. It has 35 parks covering nearly 13.2% of total area. The population of Ringwood in 2011 was 16,008 people. By 2016 the population was 17,450 showing a population growth of 9.0% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation. In 2011, 62.7% of the homes in Ringwood were owner-occupied compared with 58.6% in 2016.

Ringwood has 12,251 properties. Over the last 5 years, Houses in Ringwood have seen a 19.11% increase in median value, while Units have seen a 11.59% increase. As at 30 November 2024:

  • The median value for Houses in Ringwood is $1,024,398 while the median value for Units is $635,950.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Ringwood.

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Jacob Biviano
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Ray White Mount Waverley
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