105/3 New StreetRingwood VIC 3134
Property Details for 105/3 New St, Ringwood
105/3 New St, Ringwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1428m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
Sale by SET DATE by 1 August at 6:00pm
Perfectly positioned in the heart of Ringwood, this stylish apartment is a welcome addition to any investment portfolio. With the current reliable tenant under lease until March 2024, theres nothing more to do but snap up this prime location with healthy returns of $1673pcm.
Floating floorboards bring instant charm to this light-filled interior, with air-conditioned lounge flowing into the comfortable meals zone and contemporary kitchen with stainless steel appliances, sparkling stone benchtops and sleek glass splashback. The carpeted bedroom features a BIR and ceiling fan, easily accessing the tidy central bathroom with shower, toilet and mirrored vanity. A hidden Euro laundry adds to the convenience, while the rare addition of a completely separate study/home office offers fantastic versatility.
As for entertaining, step right out to the spacious open-air terrace for serene alfresco lounging and dining amongst the treetops. This modern complex also provides intercom entry, secure basement parking and a lock-up storage cage.
Stroll to Ringwood Square, Costco Wholesale and the incredible shopping and entertainment of Eastland. Enjoy nearby Ringwood Lake Park, Jubilee Park and Aquanation aquatic centre, with zoning for Ringwood Secondary College and Ringwood Heights Primary. Travel to the CBD is effortless via Ringwood Station, buses or Eastlink.
Property History for 105/3 New St, Ringwood, VIC 3134
- 15 Jul 2023Sold for $408,888
- 07 Jul 2023Listed for Sale $390,000 - $420,000
- 15 Feb 2022Listed 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 12,171 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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