2 Ritz Street
Vermont South, 3133 VIC
1970 house on a 651 m² block with 17m frontage.
Property Snapshot
1970House3 Bed2 Bath2 Off Street651 m² Land139 m² Internal17m Frontage
Investment Highlights
What makes 2 Ritz Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
651 m²
Frontage
17m
Zoning
NRZ5
Residential - Low Density
Why Buyers Look At This One
Rare add-value profile — 1970 house on a 651 m² block and a 17m frontage.
Renovate upside — modest 139 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 75m to bus, 3km to train station and 1.3km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
139 m²
Ownership & Value
Last Sold$1.34M
Sold DateMar 2026
Land Value—
RPD77\LP79839
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$1.30M
Growth Since 2026
—
Price Estimate
—Low
$1.34M
—High
VeryHigh Confidence
—
Since last sold — $1,340,000 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$675
3 Bed Yield
2.7%
Vacancy
2.6%
Rentals Last 12M
11
Suburb 3 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 9.
Location & Connectivity
Access to transport, schools and local amenity around 2 Ritz Street.
Train Station
3km
Bus Stop
75m
Schools
1.3km
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.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.3%Train Station
3kmBus Stop
75mCentre Zone
399mRoad Type
residential (Low Noise)School Catchment
1.3kmVermont South Snapshot
Broader suburb metrics that support the local story.
Population
11,954
Owner Occupiers
81%
Social Housing
0.3%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Vermont South in more detail
Deep dive into growth, demand, demographics and comparable sales.
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