78 Bedford Road, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
OFF MARKET

78 Bedford Road
Ringwood VIC 3134

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 99m2
Land area: 1013m2
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Property Details for 78 Bedford Rd, Ringwood

78 Bedford Rd, Ringwood is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 1013m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1950
Floor Size
99m2
Land Size
1013m2
Local Government
Maroondah
Lot/Plan
11/LP7703

Last Listing description (September 2024)

Presenting a unique chance to acquire two homes on one title featuring GRZ1 zoning on approximately 1,005sqm of land and offering a combined rental income of $54,600 per year.
The front dwelling, a charming weatherboard home, includes a spacious lounge, 2 bedrooms, open kitchen and dining area, a front verandah, and rear car accommodation.

The rear dwelling, a newer construction, boasts 2 living spaces, open kitchen and dining, 4 bedrooms, a master bedroom with walk-in robe and ensuite, built-in robes in the other bedrooms, a covered patio, workshop, and garage.
This property provides an excellent opportunity for investors to benefit from rental returns and for developers to manage expenses while planning a new multi-unit site (subject to council approval). It also offers renovators the chance to update both homes for personal use or to potentially sell separately for a profit (subject to council approval).
Situated within the Ringwood Secondary College zone, near Eastland Shopping Centre, Ringwood Train Station, Jubilee Park, Aquanation, Eastlink, bus services, local shops, and cafes. If you seek multiple income-generating properties with promising appreciation potential, this could be the ideal investment opportunity you've been seeking.

Property History for 78 Bedford Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,267,000
29 May 2022
  • 26 Feb 2024
    Listed for Sale Contact Agent
  • 29 May 2022
    Sold for $1,267,000
  • 01 Apr 2022
    Listed for Sale $1,335,000
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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 12,343 properties. Over the last 5 years, Houses in Ringwood have seen a 23.07% increase in median value, while Units have seen a 16.15% increase. As at 30 November 2025:

  • The median value for Houses in Ringwood is $1,092,769 while the median value for Units is $652,146.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 37 properties listed for sale, and 10 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 538 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.