410/92 Maroondah Highway, Ringwood VIC 3134
410/92 Maroondah Highway, Ringwood VIC 3134
A fourth-floor, two-bedroom, two-bathroom apartment with one car space and seventy square metres of internal area in the Evelyn Apartments, Ringwood. The property features light-filled interiors and premium finishes, sitting on a shared lot of 1,128 square metres within an exclusive building.
The property’s competitive strength lies in its elevated fourth-floor position, which provides separation from street-level activity while remaining within a well-connected transport hub. Its premium finishes and light-filled design are uncommon in this price segment, offering a sophisticated living environment that appeals to downsizers and professionals seeking low-maintenance, higher-quality accommodation. The exclusive character of the building positions the unit slightly above typical stock in the suburb, making it a rare find for buyers prioritising finish and ambiance over raw space. This property is best suited for those who value modern comfort and convenience in a central location.
The property’s location directly on Maroondah Highway may introduce traffic noise that could affect perceived value for noise-sensitive buyers. The shared lot of 1,128 square metres means no private outdoor space, which might limit appeal for those seeking a garden. The last sale in 2015 provides a historical reference point, but without recent comparable transactions, the current price positioning relies heavily on the building’s exclusive reputation and the unit’s interior quality. Buyers should weigh these factors when forming a view on price, as the highway exposure and lack of private land may moderate future demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 410/92 Maroondah Highway, Ringwood VIC 3134
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1128m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!