1/7 Pearwood StreetRingwood VIC 3134
Property Details for 1/7 Pearwood St, Ringwood
1/7 Pearwood St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 120m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Enjoy a satisfying stress-free lifestyle or secure a safe investment, with this single-level unit that is zoned for Ringwood Secondary College and walking distance to the area's 5-star conveniences.
Favourably fronting a small complex, the home benefits from leafy street aspects; vistas that can be admired from the comfort of the bay window-lit lounge room.
The combined kitchen and meals area has a gas stove, an electric oven and a rangehood; with the scope to upgrade the zone to enrich one's cooking experience.
A sliding door from here opens to a compact courtyard, which has a clothesline for hanging out the washing.
Two carpeted bedrooms with sliding built-in wardrobes are serviced by a communal bathroom with a shower, bathtub and vanity. The front bedroom boasts ensuite-effect to it.
Complete with a separate toilet, a European laundry, a gas heater, a split system air conditioner, a storage cupboard, a single garage and superb value-adding potential, this home is a brilliant buy for market entrants, downsizers and investors.
It is located within a leisurely stroll to bus stops, Ringwood Railway Station, Our Lady's and Great Ryrie Primary Schools, Ringwood and Aquinas Colleges, Eastland, Town Square and Realm, Jubilee Park, Aquanation and Ringwood Lake. About 1km to the EastLink freeway.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 1/7 Pearwood St, Ringwood, VIC 3134
- 30 Aug 2023Sold for $685,000
- 21 Aug 2023Listed for Sale $595,000 - $654,500
- 01 Mar 2023Listed for Sale $500,000 - $550,000
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0About 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.
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