OFF MARKET

1/376 Maroondah Highway
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 296m2
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Last updated 28 Oct 2024
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Property Details for 1/376 Maroondah Hwy, Ringwood

1/376 Maroondah Hwy, Ringwood is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 296m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2008.

Building Type
Unit
Floor Size
90m2
Land Size
296m2
Local Government
Maroondah
Lot/Plan
1/PS511879

Last Listing description (October 2024)

Set at the front of one other independent dwelling, this brick veneer home represents a great entry level home for a first homebuyer, renovation project for a couple or young family, and astute low maintenance investment. Set back off the road within minutes of a selection of premium shops, public transport and ample parkland.

Floating floors add minimal upkeep to the single storey 3 bedroom home. all are fitted with built-in robes and sharing a neat bathroom. A welcoming front living room with gas wall heater leads to a kitchen/meals equipped with electric oven, gas cooktop and dishwasher. Adjoining a sunroom and laundry with second toilet. Leading to private backyard and blank canvas to landscape to your liking. The sizeable front garden additionally needs some extra attention with potential to be fully fenced. Providing a prized double lockup garage at the rear, and external window shutters.

Renovate the home into a gorgeous modern space or possibly rebuild on the compact land allotment (STCA). The options and the location are enticing.

Central to Burnt Bridge Shops and Ringwood East's shops and cafes along with Ringwood and Ringwood East Train Stations. Walk to the the Karralyka Theatre, Mullum Mullum Trail and minutes to Peter Vergers and East Ringwood Reserves, Burnt Bridge Tennis Club, and Ringwood Lake. Zoned to Norwood Secondary College and Mullum Mullum Primary. Handy to Maroondah Hospital, Eastland, Town Square, and within moments of Eastlink and the Eastern Freeway. This home is perfect for those who rely on public transport.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property History for 1/376 Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$286,000
17 Oct 2008
Listed for Rent
$355/w
29 Jun 2022
  • 19 Aug 2024
    Listed for Sale $650,000 - $700,000
  • 25 May 2022
    Listed for Rent $355 / week
  • 26 May 2020
    Listed for Rent - Price not available
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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 12,063 properties. Over the last 5 years, Houses in Ringwood have seen a 27.17% increase in median value, while Units have seen a 13.37% increase. As at 30 September 2024:

  • The median value for Houses in Ringwood is $1,034,016 while the median value for Units is $630,481.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 54 properties listed for sale, and 11 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 475 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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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.