16 Sussex Street, Ringwood VIC 3134

16 Sussex Street, Ringwood VIC 3134
3 bed 3 bath townhouse | 121sqm internal | 363sqm land | Ringwood near Eastland and station This townhouse offers an unusually generous configuration for a Ringwood townhouse, pairing three bathrooms with three bedrooms across a 121-square-metre interior. That ratio is rare in this price bracket and suits a buyer who values private bathroom access for each bedroom, whether for a family with older children or for renting by the room. The 363-square-metre lot is substantial for a townhouse, providing outdoor space that most newer builds lack. Its location near Eastland, the train station, and EastLink makes it a strong choice for commuters and those who want walkable retail and recreation. The land size may offer future subdivision or extension potential, but this would depend on council zoning and the property’s specific siting. The three-storey layout typical of newer Ringwood townhouses might suit some households but could be a constraint for those with mobility needs. The property’s value may be supported by strong rental demand from tenants seeking proximity to transport and shopping, though a buyer should verify the build quality and any owners corporation fees before forming a final view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Sussex Street, Ringwood VIC 3134
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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

3

Bathroom

3

Parking

2

Land

363m²

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