3/45-47 Arlington Street, Ringwood VIC 3134
3/45-47 Arlington Street, Ringwood VIC 3134
This is a two-bedroom unit in a nine-unit complex on a 2,281-square-metre shared lot in Ringwood. It includes one bathroom and one car space. The property sits in a low-density residential zone under Maroondah Council with no bushfire overlay, offering a quieter, more spacious setting than typical high-density apartment blocks in the suburb.
This unit is competitively positioned for first-home buyers, young couples, or downsizers seeking a lower-maintenance entry point into a well-established suburb. The large shared lot suggests a less cramped living environment, which is a genuine advantage over newer, higher-density developments nearby. Its two-bedroom configuration offers more flexibility than the one-bedroom units on the same site, making it a practical choice for those wanting room to grow without moving to a full house. The property’s lack of bushfire risk adds a layer of safety that is often overlooked in outer-suburban options.
The shared land title means ongoing maintenance costs and council rates are split across nine owners, which may affect monthly outgoings compared to a standalone house. The specific floor level and interior finishes are not confirmed, so a buyer should verify whether the unit is ground-floor or elevated, as this influences privacy and light. The 2020 sale price of $602,000 provides a historical baseline, but market conditions have shifted since then, so any price view should be formed through direct inspection and current comparable evidence rather than past data alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/45-47 Arlington Street, Ringwood VIC 3134
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Ringwood presents as a well-connected, established suburb experiencing stable but measured market conditions. Demand is driven by renters and investors seeking stable returns in a strategic location, supported by healthy rental growth. Recent price trends for houses show modest appreciation, while the unit market has been mixed, indicating a balanced rather than heated environment. Future growth is underpinned by ongoing development and its connectivity, though the market’s moderate overall performance suggests sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2281m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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