2 Ridley StreetBurwood East VIC 3151
Property Details for 2 Ridley St, Burwood East
2 Ridley St, Burwood East is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 586m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Burwood East in the last 12 months.
Last Listing description (September 2024)
A short walk from the vibrant Burwood Brickworks retail precinct, with Eley Park only moments away, this alluring gem blends classic charm with exceptional future potential and possibilities, with its timeless design as beautiful today as when it was first envisioned.
Yet, as the suburb has transformed, this property must too, with its north-facing orientation and sizable dimensions lending themselves to renovation or extension. Alternatively, redevelopment is possible, guided by local neighborhood precedence and strong capital growth in the area.
Floor plan features include a large lounge & dining domain framed around a central fireplace, a well-appointed kitchen with casual meals area & breakfast bar, ducted heating, sheer curtains, and ceiling fans. Accommodation comprises three childrens' bedrooms, a family bathroom, and a master bedroom with ensuite.
This residential pocket is highly sought-after by families, and for good reason. Set behind the new Burwood Brickworks retail precinct, and only minutes from Burwood One SC and the 75-tram line, the property sits within comfortable walking distance of Eley Park, Holland Gully, and Orchard Grove Reserve, while also benefiting from close proximity to Vermont South SC, Forest Hill Chase, and Box Hill homemaker centre.
Property History for 2 Ridley St, Burwood East, VIC 3151
- 07 Sep 2024Sold for $1,280,000
- 13 Aug 2024Listed for Sale SOLD for $1,280,000 by Harcourts Blackburn
- 27 Apr 2024Transferred
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About Burwood East 3151
The size of Burwood East is approximately 4.3 square kilometres. It has 20 parks covering nearly 10.5% of total area. The population of Burwood East in 2011 was 10,141 people. By 2016 the population was 10,269 showing a population growth of 1.3% in the area during that time. The predominant age group in Burwood East is 20-29 years. Households in Burwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood East work in a professional occupation. In 2011, 74.9% of the homes in Burwood East were owner-occupied compared with 71.2% in 2016.
Burwood East has 5,932 properties. Over the last 5 years, Houses in Burwood East have seen a 16.82% increase in median value, while Units have seen a 25.56% increase. As at 31 August 2024:
- The median value for Houses in Burwood East is $1,201,575 while the median value for Units is $880,032.
- Houses have a median rent of $610 while Units have a median rent of $628.
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