SOLD
Sold on 19 Jun 2024 for $485,000

11/5 Churchill Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 11/5 Churchill St, Ringwood

11/5 Churchill St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
74m2
Local Government
Maroondah
Lot/Plan
11/PS604065

Last Listing description (August 2024)

Undoubtedly an attractive opportunity for investors to secure a rewarding addition for the portfolio, with a fixed lease until July this year. Alternatively, what an amazing apartment for downsizers, first home buyers and busy commuters who want instant access to transport and shops. Occupying the top floor of a boutique apartment block, this 2 bedroom open plan layout presents with an all day natural glow from the north facing position, with a balcony that extends out from the living room, offering a relaxing space to kick back and admire the neighbourly views. The surprisingly large bedrooms are appointed with robes, the bathroom is full sized with a bath and separate shower, and the kitchen is fully appointed with stone bench surfaces on the island bench, and stainless steel appliances (including a dishwasher). Creature comforts include carpet throughout, reverse cycle heating/cooling, a European laundry, secure access and covered car parking with a storage cage.

Property History for 11/5 Churchill St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$485,000
19 Jun 2024
Listed for Rent
$360/w
22 Apr 2022
  • 19 Jun 2024
    Sold for $485,000
  • 02 Apr 2024
    Listed for Sale Not Disclosed
  • 08 Apr 2022
    Listed for Rent $360 / 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 12,176 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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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.