16 Oban Road, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
 
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16 Oban Road
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Last updated 9 Mar 2026
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Property Details for 16 Oban Rd, Ringwood

16 Oban Rd, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Local Government
Maroondah
Lot/Plan
3/LP19639

Last Listing description (October 2016)

Rare Dwelling/Shop Front on Prime 1012sqm

A unique opportunity presents itself for investors or developers with the offering of this residential dwelling with shop front, creating a significant value added proposition for those seeking a high yield investment or future redevelopment site on 1012sqm approx. (STCA). Currently leased on a 3x3x3 year basis by the well patronized Oban Pizza and Takeaway Food outlet, returning $22,308p.a. The premises offers a three bedroom residence accompanied by a bathroom, laundry, kitchen/meals and separate living room. While the shop front features a kitchen/meal preparation zone, pizzeria and adjoining takeaway food store. Accessed via a side driveway and extending well back to the adjoining Peter Vergers Reserve, the large backyard generates an enticing argument for future development, if desired (STCA). In a prime position, close to Melba College, Eastland Shopping Centre, parkland, buses, Mullum Mullum Creek Trail and EastLink Freeway.
For Due Diligence Checklist - see Consumer Affair Website - www.consumer.vic.gov.au/?duediligencechecklist

Property History for 16 Oban Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$950,000
20 Oct 2016
  • 21 Oct 2016
    Sold for $950,000
  • 20 Jun 2016
    Listed for Sale Fixed Price $940,000
  • 28 May 2012
    Listed for Sale $550,000 PLUS
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About Ringwood 3134

The size of Ringwood is approximately 10.2 square kilometres. It has 35 parks covering nearly 13.2% of total area. The population of Ringwood in 2016 was 17471 people. By 2021 the population was 19144 showing a population growth of 9.6% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation.In 2021, 57.80% of the homes in Ringwood were owner-occupied compared with 58.60% in 2016.

Ringwood has 12,358 properties. Over the last 5 years, Houses in Ringwood have seen a 15.43% increase in median value, while Units have seen a 14.14% increase. As at 28 February 2026:

  • The median value for Houses in Ringwood is $1,085,351 while the median value for Units is $656,205.
  • Houses have a median rent of $630 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 15 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 547 properties were sold in the past 12 months in Ringwood.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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