1/4 William StreetRingwood VIC 3134
Property Details for 1/4 William St, Ringwood
1/4 William St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 118m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
Calling all astute investors this charming single-level unit is already tenanted for a fantastic addition to your portfolio. As the 1st of only 5 in this quiet complex, youll secure a location bursting with appeal and just minutes from major amenities.
Timber floorboards bring warmth to this light-filled interior, first showcased by the comfortable front lounge with split system cooling and a gas wall heater. The separate meals and kitchen flaunts ample storage, great bench space and laundry access. Both large bedrooms include BIRs, each serviced by the full bathroom with bathtub, shower and separate WC.
The lovely low-maintenance rear courtyard offers private alfresco space and a built-in clothesline, with rear access available via the single lock-up garage with an extra car space in front. The property has a low body corp of just $1500/annum, and is currently tenanted until Oct 2023 earning $1738/month.
Zoned for Ringwood Heights Primary and Norwood Secondary, its just footsteps to bus transport and minutes to Mullum Mullum Creek, Yarran Dheran Reserve, Ringwood Lake and Antonio Park. Walk to the major shops of Eastland and city transport from Ringwood Station, with just minutes to Costco, Ringwood Square and both Ring Road and Eastern Freeway access.
Property History for 1/4 William St, Ringwood, VIC 3134
- 06 Feb 2023Sold for $562,000
- 30 Nov 2022Listed for Sale $535,000 - $585,000
- 10 Sep 2021Listed for Rent $390 / 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.
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