23 Tandarra Drive, Ringwood VIC 3134

Large 759sqm block | Five bedrooms, four living zones | Prestige family positioning | In-ground pool | School catchment certainty This property is competitively strong because it combines a substantial landholding with a five-bedroom, four-living-area configuration rarely found in Ringwood’s premium family stock. The 759-square-metre parcel supports a two-level contemporary residence with an in-ground pool, study, and double garage, positioning it as a blue-chip family home suited to growing or multi-generational households. Its placement within Kalinda Primary and Melba Secondary College catchments adds enduring appeal for school-focused buyers, while the absence of bushfire, flood, or heritage overlays simplifies due diligence. The property serves best those seeking a turnkey prestige home with space, privacy, and school access, rather than an entry-level or investment-grade purchase. Factors that may materially affect value or sale price include the property’s presentation level, which appears to be high-end but cannot be verified for material finishes or recent renovation depth. The internal area discrepancy between sources suggests careful measurement is warranted, as building footprint coverage around 33 percent indicates generous outdoor space but may limit future extension options. Rental yield at an estimated $880 per week against the likely price range produces a gross return around 2.3 to 2.5 percent, which is low for yield-focused buyers but acceptable for owner-occupiers prioritising lifestyle and school catchment. Buyers should also consider that the property’s substantial size and premium positioning may narrow the buyer pool to those with higher budgets and specific family needs, potentially affecting marketability in slower conditions.