OFF MARKET

101/5 Sherbrook Avenue
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 89m2
Land area: 1401m2
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Property Details for 101/5 Sherbrook Ave, Ringwood

101/5 Sherbrook Ave, Ringwood is a 2 bedroom, 2 bathroom Unit and was built in 2020. The property has a land size of 1401m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2020
Floor Size
89m2
Land Size
1401m2
Local Government
Maroondah
Lot/Plan
101/PS740283

Last Listing description (September 2023)

Modern, trendy and conveniently located, this carefree apartment nestled in the heart of Ringwood relishes a sleek design that promotes a streamlined harmony between the stylish interior and two beautiful balconies.

Encompassing breathtaking views that span out to the Dandenong Ranges, the open plan living, dining and kitchen domain showcases waterfall stone benches, glass splashbacks, Smeg appliances (including dishwasher), 2-pac cabinetry, soft-close drawers plus a breakfast bench, while sliding doors extend the space out onto a sun-splashed balcony.

A convenient study nook is accompanied by two brilliant bedrooms, both featuring built-in-robes, with the master suite enjoying a private balcony and ensuite, supplemented by a stone-finished bathroom with toilet.

Superbly detailed with a European laundry, high ceilings, split system heating/air-conditioning, double glazed windows and doors, intercom entry, building CCTV plus a basement parking space with storage cage.

Positioned within the Ringwood Secondary College Zone, footsteps from The Coach bistro and entertainment complex, Eastland Shopping Centre, Costco, Ringwood Square Shopping Centre, Mullum Mullum Creek Bike Trail, Ringwood and Heatherdale Train Stations and close to schools and Eastlink.

Property History for 101/5 Sherbrook Ave, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$540,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $540,000
  • 28 Jun 2023
    Listed for Sale $515,000 - $535,000
  • 27 Sep 2021
    Sold for $530,000

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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 12,125 properties. Over the last 5 years, Houses in Ringwood have seen a 29.81% increase in median value, while Units have seen a 16.78% increase. As at 31 August 2024:

  • The median value for Houses in Ringwood is $1,034,046 while the median value for Units is $637,138.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 57 properties listed for sale, and 9 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in 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.