SOLD
RECENT ADVICE
Sold on 14 Sep 2024 for $605,000

1/40 Nelson Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/40 Nelson St, Ringwood

1/40 Nelson St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Local Government
Maroondah
Lot/Plan
1/RP1010

Last Listing description (September 2024)

THE PROPERTY
With updated features and an ultra-convenient location within walking distance of Eastland, this delightful single-storey unit is ideal in any stage of life. Whether you're aiming to reside in or rent out this inviting home, this is the perfect investment in a prized pocket position.

Upon entry, the spacious, light-filled lounge offers immense comfort and introduces the seamless flooring that flows throughout. The neighbouring dining area and modern kitchen with geometric tiles, quality cabinetry, stainless steel oven and dishwasher, and ample storage serves as the heart of this wonderful home. In warmer months, take entertaining outdoors from here to the versatile single carport that adapts to become a lovely shaded alfresco.

In addition, there are 2 generously proportioned bedrooms with built-in robes provided. The stylish bathroom with sizeable vanity and laundry station completes this comfortable home.

A rare find in the right location, this idyllic property promises to impress. Join us for a tour today.

THE FEATURES
• Unique single-storey brick unit
• Prized lifestyle location near key amenities
• Spacious lounge with updated, easy-care flooring
• Modern dine-in kitchen with stylish tiles and quality appliances
• 2 comfortable bedrooms with built-in robes
• Clever bathroom/laundry combination with ample storage
• Split system heating/cooling for seasonal comfort
• Ducted heating
• Single carport also suitable as a shaded alfresco with garden shed.

THE LOCATION
This home's exceptional location steps from leafy Mullum Mullum Creek Trail and endless amenities including Eastlink, Ringwood Station, Aquanation, and more ensures a beautifully balanced lifestyle. Sought-after zoning for Ringwood Heights Primary School and Ringwood Secondary College as well as proximity to a superb selection of private schools is incredibly advantageous for families.

Property History for 1/40 Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$605,000
14 Sep 2024
Listed for Rent
$540/w
12 Nov 2024
  • 30 Oct 2024
    Listed for Rent $540 / week
  • 10 Sep 2024
    Sold for $605,000
  • 22 Aug 2024
    Listed for Sale $530,000 - $580,000
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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 12,176 properties. Over the last 5 years, Houses in Ringwood have seen a 23.86% increase in median value, while Units have seen a 12.71% increase. As at 31 October 2024:

  • The median value for Houses in Ringwood is $1,024,541 while the median value for Units is $637,463.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 55 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Chris Watson
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Olivia Mackie
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Ray White Ringwood
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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.