2/7 Fyfe Avenue, Ringwood VIC 3134

Rear position | 5-bedroom townhouse | 1,302sqm land | near Eastland The property’s key competitive edge is its near-new five-bedroom configuration on a substantial 1,302sqm land holding in a rear position, which is rare for a townhouse in Ringwood. The 517sqm floor area provides generous living space, and the proximity to Eastland shopping centre and Ringwood’s core adds strong lifestyle convenience. This property best suits a buyer seeking a low-maintenance, large family home with future land value potential in a well-connected area. The primary risk is that a townhouse on such a large block may carry a premium that does not reflect the land’s subdivision potential, as the rear position and current zoning may limit immediate development. For a buyer, the opportunity lies in holding the property for medium-term capital growth given Ringwood’s ongoing urban renewal, while using the spacious layout for multigenerational living or high-yield rental. Hold this property for its land value and location, not for short-term resale gain.