8 Menzies Crescent, Ringwood North VIC 3134
This property is Off Market
- The Average property price in this area is $1,484,106, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 23.42 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Ringwood North
With an average age of 43, households expect an average monthly mortgage payment of $2,589 or a weekly rent payment of $471. The average family earns a weekly income of $3,100 with a typical household size of 3.1 and a 98.15% employment rate.
Consistent high demand relative to supply is a key feature in Ringwood North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ringwood North 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. A mix of professions and above average income earners in Ringwood North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Ringwood North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Ringwood North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ringwood North a better buying opportunity than it may have been in the past.
Public Transport
Mitcham
Laburnum
Stop 74: Stanley Road
Stop 75: Vermont South Shopping Centre
Stop 75: Vermont South Shopping Centre
Croydon
Mooroolbark
Bayswater
Ringwood East
Heathmont
General Points of Interest
Wantirna Golf Range
St John Golf Course
Doncaster Athletics Track
Neighbours Backlot
War Memorial
Doncaster Action Indoor Sports
Melbourne School of Theology
Ringwood Golf Course
Swinburne University of Technology - Wantirna Campus
Vermont South Shopping Centre
Population
Are people healthy?
There are a recorded 923 asthma sufferers and 364 people living with diabetes. In addition, 470 people have a heart/vascular condition and 674 people live with three or more chronic diseases.A good place to invest in property?
Ringwood North 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
67 / 100
52 / 100
Industry
17 / 100
17 / 100
Population
28 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
35 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsNorwood Secondary College Ringwood North Primary School
-
Norwood Secondary College
Ringwood, VIC, 3134 State 7-12 -
Ringwood North Primary School
Ringwood North, VIC, 3134 State Prep-6 -
Ringwood Heights Primary School
Ringwood North, VIC, 3134 State Prep-6 -
Holy Spirit School
Ringwood North, VIC, 3134 Independent Prep-6 -
Mullum Primary School
Ringwood, VIC, 3134 State Prep-6
Property Story
8 Menzies Crescent, Ringwood North, Vic, 3134 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $1,645,000 while properties of this type typically sell for between $680,000 and $1,350,000 in this suburb. The estimated distance to the sea is 23.42km and 0.27KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
