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.
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.
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:
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