2/62 Bedford Road, Ringwood VIC 3134

2/62 Bedford Road, Ringwood VIC 3134
3 bed 2 bath townhouse | double garage | 226m² low-maintenance land | established small group of four | Ringwood family pocket This townhouse holds a genuine edge for Ringwood because it combines three bedrooms, two bathrooms and two car spaces in a compact but usable 226m² layout — a configuration that is noticeably more family-friendly than the typical two-bedroom unit stock found along this corridor. The small group of only four dwellings keeps it quiet and manageable, while the fully fenced outdoor space and carpeted lounge with adjoining dining and kitchen areas give it a practical, low-maintenance floorplan. It sits within the Great Ryrie Primary and Ringwood Secondary catchments, and with Ringwood Station, Eastland and Bedford Park all within walking distance, this property is best suited to young families, downsizers or professional couples wanting suburban convenience without the upkeep of a larger block. The property’s value may be shaped by the fact that it is an established townhouse rather than a recent build, so the condition of the kitchen, bathrooms and flooring will carry weight when forming a price view. The absence of any bushfire, flood or heritage overlays removes several risk layers, but the lack of premium finishes means its appeal rests on layout and location rather than presentation flair. Buyer interest might also be influenced by how the internal variation within the group — some units having one bathroom or one car space — affects perceived consistency, and whether the double garage and three-bedroom configuration justify a premium over smaller nearby units. || Comparable Sales: 1/62 Bedford Road sold $800,000 Nov 2024; 3/62 Bedford Road sold $730,000 2021 | Property Price Band: $750,000–$850,000 | Value Drivers: three-bedroom layout, double garage, small-group setting and school catchments
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/62 Bedford Road, Ringwood VIC 3134
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk 2
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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

Comparable Sales: 1/62 Bedford Road sold $800,000 Nov 2024; 3/62 Bedford Road sold $730,000 2021 | Property Price Band: $750,000–$850,000 | Value Drivers: three-bedroom layout, double garage, small-group setting and school catchments

Bedrooms

3

Bathroom

2

Parking

2

Land

226m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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