8 Oban Road, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
OFF MARKET

8 Oban Road
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 904m2
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Property Details for 8 Oban Rd, Ringwood

8 Oban Rd, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 904m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1970
Floor Size
115m2
Land Size
904m2
Local Government
Maroondah
Lot/Plan
4/LP61116

Last Listing description (July 2025)

Prime Development Opportunity (STCA): Dual Blocks on Oban Road.

Seize a rare opportunity to acquire a prime development site (STCA) in the heart of Ringwood, with two substantial blocks offered as one enticing package. Located at 8 and 10 Oban Road, these properties present a combined land size of 1808sqm, perfectly positioned for a lucrative development project.
10 Oban Road boasts two separate units, each currently rented, offering an immediate income stream. The first unit is a spacious three-bedroom, one-bathroom home, while the second unit is a comfortable two-bedroom, one-bathroom residence. Together, they maximize rental potential and provide diverse living options.

8 Oban Road features a charming three-bedroom house, also currently tenanted. With its generous 904sqm block size, this property enhances the overall appeal and versatility of the combined offering.
Zoned GRZ1, these properties provide developers with an excellent canvas to explore a variety of development possibilities (STCA). The expansive land backs onto a tranquil reserve, offering serene views and a sense of seclusion while being conveniently close to essential amenities.
Situated in a prime location, both properties benefit from close proximity to Ringwood Square and Eastland Shopping Centre, ensuring a wealth of shopping, dining, and entertainment options are just moments away. Public transport is readily accessible, and several reputable schools, including Great Ryrie Primary and Ringwood Secondary College, are nearby, adding to the family-friendly appeal of the area.
Whether you're an astute investor looking to land bank or a developer looking to capitalize on a prime location, 8 and 10 Oban Road offer a unique and highly desirable opportunity. With all properties currently rented, you can enjoy immediate returns while planning your future development.
Dont miss out on this exceptional offering in one of Ringwoods most sought-after locations. Contact us today to learn more and to arrange a private viewing. Your next big development project starts here.

Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 8 Oban Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,100,000
17 Jun 2022
Listed for Rent
$320/w
20 May 2025
  • 05 May 2025
    Listed for Rent $320 / week
  • 16 Jan 2025
    Listed for Sale $990,000 EACH
  • 04 Jul 2024
    Listed for Sale $1,000,000 -$1,100,000 EACH
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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 12,357 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 49 properties listed for sale, and 17 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 535 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.