SOLD
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Sold on 23 Jul 2024 for $772,500

605/42B Nelson Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 97m2
Land area: 7958m2
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Property Details for 605/42b Nelson St, Ringwood

605/42b Nelson St, Ringwood is a 3 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 7958m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
97m2
Land Size
7958m2
Local Government
Maroondah
Lot/Plan
B605/PS806689

Last Listing description (September 2024)

Distinguished by its fashionable free-flowing interior, first class facilities and sensational setting in the heart of Ringwood, this light-flooded apartment delivers an unbeatable lifestyle package that will be the envy of all!

Soaked in natural light, the open plan living and dining space is detailed with floorboards and is accompanied by a stylish kitchen adorned with stone benchtops, stone splashbacks, Bosch appliances, integrated Bosch dishwasher, concealed refrigerator, soft-close cabinetry and moveable island breakfast bench.

Perfectly positioned at the front and rear of the apartment, a set of two balconies provide the ideal spot for soaking in the views of the surrounding neighbourhood, with one opening from the living zone, while the second balcony is accessed via all three robed bedrooms, including the master suite with mirrored built-in-robes and ensuite.

Further benefitting from a matching bathroom with toilet, European laundry, zoned ducted heating/cooling, intercom entry, secure lift access, two basement car spaces plus communal facilities, comprising a double storey gym, private cinema, dining room with kitchen, library, conference room, yoga area and herb garden.

Favourably situated in a location that grants outstanding convenience, within walking distance to Eastland Shopping Centre, Costco, Ringwood Train Station, medical centres and Mullum Mullum Creek Trail, whilst remaining only a few minutes' commute from childcare centres, primary schools and Ringwood Secondary College (zoned) and Eastlink.

Property History for 605/42b Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$772,500
23 Jul 2024
Listed for Rent
$650/w
11 Apr 2023
  • 30 Jul 2024
    Listed for Rent $725 / week
  • 23 Jul 2024
    Sold for $772,500
  • 04 Jul 2024
    Listed for Rent $695 / week
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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 2011 was 16,008 people. By 2016 the population was 17,450 showing a population growth of 9.0% 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 2011, 62.7% of the homes in Ringwood were owner-occupied compared with 58.6% in 2016.

Ringwood has 12,116 properties. Over the last 5 years, Houses in Ringwood have seen a 29.78% increase in median value, while Units have seen a 16.07% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood is $1,025,591 while the median value for Units is $625,445.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 53 properties listed for sale, and 14 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Barry Plant Heathmont & Ringwood
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.