FOR SALE
$790,000 - $850,000

3 Teak Avenue
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 872m2
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Auction Time
Sat 21 Sep 12:00 pm
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Gem In The Tintern Area

Positioned in a highly sought after pocket of Ringwood East, this classic family home, sitting on an 872sqm (approx.) allotment, is in original but neat condition and offers a unique opportunity to create your dream residence in a desirable location.
Accommodation consists of three well-proportioned bedrooms all with built-in-robes, a bright central kitchen and spacious living/dining area with a split system.
Outdoors boasts an expansive landscaped yard with a garage at the rear of the property, plus a single carport at the front.
The solid structure and timeless layout offer a great foundation for contemporary enhancements or potentially a full rebuild (STCA).
This property's blank canvas is perfect for families, investors, or first-time buyers looking to make their mark. Embrace the opportunity to transform this charming house into your ideal forever home.
The property is within walking distance to Tintern Grammer and zoned to Tinternvale Primary along with Tarella Pre-school. There is end of street access to Tarella Creek Trail and it's only minutes to Gracedale and Wombolano parkland, tennis courts and sporting reserves. It is also close to Ringwood East shops/cafes, just a short drive to Eastland, trains, buses and Eastlink.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim 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.
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Property Details for 3 Teak Ave, Ringwood East

3 Teak Ave, Ringwood East is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 872m2. The place is currently for sale with Noel Jones Ringwood and Croydon.

Building Type
House
Land Size
872m2

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About Ringwood East 3135

The size of Ringwood East is approximately 4.7 square kilometres. It has 16 parks covering nearly 6.7% of total area. The population of Ringwood East in 2011 was 9,748 people. By 2016 the population was 10,285 showing a population growth of 5.5% in the area during that time. The predominant age group in Ringwood East is 30-39 years. Households in Ringwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood East work in a professional occupation. In 2011, 71.1% of the homes in Ringwood East were owner-occupied compared with 68.3% in 2016.

Ringwood East has 5,425 properties. Over the last 5 years, Houses in Ringwood East have seen a 26.51% increase in median value, while Units have seen a 20.23% increase. As at 31 August 2024:

  • The median value for Houses in Ringwood East is $1,036,657 while the median value for Units is $700,866.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Ringwood east.

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Rod Burton
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Nicole Freene
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Noel Jones Ringwood and Croydon
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