4 Tandarra Drive, Ringwood VIC 3134

4-bedroom family house | 718sqm lot in Ringwood North | four living zones plus study and gym | zoned for Kalinda Primary and Melba Secondary College. This property offers a rare configuration advantage: four living areas, a study, and a dedicated gym on a 718sqm lot in a residential zone without overlays. For a buyer targeting a long-term family home, the floorplan provides separation and flexibility that most Ringwood North listings lack. The building coverage of 53% leaves substantial outdoor space, and the absence of bushfire, flood, or heritage overlays reduces due diligence risk and future renovation constraints. The property is best suited to a family prioritising school catchments and internal space over immediate proximity to Ringwood Station. The primary risk is the building size discrepancy—380sqm versus 275sqm—which may affect valuation or insurance. The listing price range sits above the estimated value, meaning the buyer should negotiate from a position of market evidence. The rental yield of approximately $970 per week is solid for the suburb, offering a fallback if plans change. The 2022 sale history provides a reference point for capital growth. Hold this property as a family residence or, if circumstances shift, lease it to capture the strong rental demand near the school zone.