FOR SALE
$330,000

2/1 Hotham Grove
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Renovators delight in Ripponlea with Garage!

Make an offer online! Link here: https://buy.realtair.com/properties/139072/offer/details
Rare opportunity to secure a fabulous one-bedroom apartment with lock-up garage! Live-in, invest or renovate to make your mark in this perfectly positioned and sought-after location just moments from shops, cafes and transport.
The layout features one bedroom with an en-suite bathroom. There is a separate kitchen, with gas cooking and plenty of storage, plus a living space complete with polished timber floors and lots of natural light that floods in through the full-width windows. Access to laundry facilities ensures convenience and you are treated to a wonderful first-floor position.
You will live within a small complex with garage parking space included, where you can leave the car and explore this vibrant community on foot. It is just minutes to both the Elsternwick and Ripponlea stations, the very popular Cafe Society and so much more are all within easy reach.
NOTE: Photos of the apartment include styled and staged furniture for advertising purposes only.
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Property Details for 2/1 Hotham Gr, Ripponlea

2/1 Hotham Gr, Ripponlea is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Viva Property.

Building Type
Apartment

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About Ripponlea 3185

The size of Ripponlea is approximately 0.3 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Ripponlea in 2011 was 1,477 people. By 2016 the population was 1,572 showing a population growth of 6.4% in the area during that time. The predominant age group in Ripponlea is 20-29 years. Households in Ripponlea are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripponlea work in a professional occupation. In 2011, 43.4% of the homes in Ripponlea were owner-occupied compared with 43.6% in 2016.

Ripponlea has 919 properties. Over the last 5 years, Houses in Ripponlea have seen a 14.60% increase in median value, while Units have seen a 4.64% increase. As at 31 October 2024:

  • The median value for Houses in Ripponlea is $2,007,609 while the median value for Units is $571,461.
  • Houses have a median rent of $740 while Units have a median rent of $500.
There are currently 4 properties listed for sale, and 1 property listed for rent in Ripponlea on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Ripponlea.

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