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8 Menzies Crescent,
Ringwood North VIC 3134

This property is Off Market

All about Ringwood North Homes for sale in Ringwood North


  • 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 icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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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

General Points of Interest


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 Catchments
    Ringwood North Primary School Norwood Secondary College
  • Ringwood North Primary School

    Ringwood North, VIC, 3134 State Prep-6

  • Mullum Primary School

    Ringwood, VIC, 3134 State Prep-6

  • St Anne's School

    Park Orchards, VIC, 3114 Independent Prep-6

  • Holy Spirit School

    Ringwood North, VIC, 3134 Independent Prep-6

  • Ringwood Heights Primary School

    Ringwood North, VIC, 3134 State Prep-6

  • Whitefriars College Inc

    Donvale, VIC, 3111 Independent 7-12

  • Norwood Secondary College

    Ringwood, VIC, 3134 State 7-12

  • Kalinda Primary School

    Ringwood, VIC, 3134 State Prep-6

  • Park Orchards Primary School

    Park Orchards, VIC, 3114 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

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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

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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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