1/172 Mt Dandenong Road, Ringwood East VIC 3135
1/172 Mt Dandenong Road, Ringwood East VIC 3135
This is a newly built, ground-level three-bedroom townhouse with 160 square metres of internal space on a 248-square-metre lot. It offers two living zones, a master with ensuite and walk-in robe, double-glazed windows, polished timber floors, a stone-bench kitchen with European appliances, gas ducted heating, evaporative cooling, and an alarm system. A single garage and a private courtyard garden complete the configuration.
This townhouse is competitively strong for its generous internal area, which is uncommon for new builds in this segment, and its ground-level positioning provides direct courtyard access and a more house-like feel. It sits within a convenient pocket of Ringwood East, within walking distance to the train station, Eastland Shopping Centre, Maroondah Hospital, and Ringwood Lake, making it well-suited for families seeking low-maintenance living with excellent amenity. The modern finishes and double-glazing set it apart from older stock in the suburb, and its location near quality public and private schools adds to its appeal for buyers prioritising convenience and a turnkey home.
The land size is modest for the suburb, which may limit future expansion and could be a factor for buyers who value outdoor space. Being part of a townhouse block, privacy is slightly reduced compared to a standalone dwelling, and proximity to major retail and transport hubs may bring local traffic noise. The property is newly built, so depreciation benefits may be available, but ongoing body corporate fees should be considered. These factors may influence how the property is valued relative to older houses or larger lots in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/172 Mt Dandenong Road, Ringwood East VIC 3135
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Ringwood East is a well-established family suburb, underpinned by strong transport links and quality school catchments. Demand is driven by professionals and upgraders seeking established homes, with investor interest in units for solid rental yields. Recent price trends show a stable but varied market, with houses selling quickly, indicating sustained competition. Future growth is supported by consistent family demand and infrastructure, though high entry prices and sensitivity to economic conditions present notable constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
248m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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