23 Mundara Drive
Ringwood, 3134 VIC
1975 house on a 789 m² block with 23m frontage.
Property Snapshot
1975House5 Bed2 Bath2 Off Street789 m² Land215 m² Internal23m Frontage
Investment Highlights
What makes 23 Mundara Drive compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
789 m²
Frontage
23m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1975 house on a 789 m² block and a 23m frontage.
Renovate upside — modest 215 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 30m to bus, 2.7km to train station and 1.1km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
5
Bathrooms
2
Parking
2 off-street
Internal Area
215 m²
Ownership & Value
Last Sold$1.20M
Sold DateMar 2026
Land Value—
RPD40\LP114416
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$1.20M
Confidence: VeryHigh
5 Bed Median
$1.52M
Growth Since 2026
—
Suburb 5 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$888
5 Bed Yield
3.0%
Vacancy
1.3%
Rentals Last 12M
25
Suburb 5 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: SLO - SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 4.
Location & Connectivity
Access to transport, schools and local amenity around 23 Mundara Drive.
Train Station
2.7km
Bus Stop
30m
Schools
1.1km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Ringwood Snapshot
Broader suburb metrics that support the local story.
Population
19,144
Owner Occupiers
58%
Social Housing
3.8%
Crime Index
—
Not available
Low Stock on MarketLow Vacancy
Explore Ringwood in more detail
Deep dive into growth, demand, demographics and comparable sales.
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