SOLD
Sold on 13 Apr 2024 for $820,000

111 New Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 362m2
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Property Details for 111 New St, Ringwood

111 New St, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 362m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Ringwood in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
362m2
Local Government
Maroondah
Lot/Plan
1/PS305056

Last Listing description (March 2024)

Something old, or something new, the next chapter is up to you. Rounding the corner of New St and Heather Grove, this neat vintage weatherboard sits on a sweeping corner with a 23m (approx.) frontage, awaiting the next exciting steps in this lovely pocket. For fitness enthusiastic it is a 5 mins walk to Proclamation Park and Ringwood Athletic Club (includes running tracks). It is also an easy 15 mins walk to Ringwood Train Station, Eastland Shopping Centre., Ringwood Golf Club and Cadbury's chocolate factory.

With architectural drawings complete to build a luxury new 4 bed, 4 bath and 2 Cars home with 31 squares (approx. 289m2) of living space and a double garage, this is a superb opportunity to realise your dreams of a beautiful new family home (STCA) in the school zone for Rangeview Primary (STSA), with nearby Aquinas College and Tintern Grammar among the private education options.

The 3-bedroom classic is currently tenanted and presents in excellent condition with recently steam cleaned carpets, an updated bathroom, kitchen with upright cooker and a big sunny living room framed by character mid-century sash windows. Live in ready with ducted heating, a private front porch, and a powerful Reverse Cycle air con in the lounge with flow through along the hallway bedrooms. A paved courtyard and a side carport complete the outdoor offering at this golden opportunity at the heart of Ringwood, which is now among Melbourne's $1million suburbs for its median sale price (REIV).

Whatever your vision here, it's a location that's going places, set on the fringe of the Eastlink city to coast gateway, spoilt for shopping choice at the new Eastland and Costco, and surrounded by beautiful parks and local facilities including Jubilee Park, Aquanation pool and gym, Ringwood train station and a choice of the district's finest schools.

*There is also an opportunity to work with the Architect to bring your dream of an architecturally designed luxury home to life

Property History for 111 New St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$820,000
13 Apr 2024
Listed for Rent
$380/w
12 Mar 2020
  • 13 Apr 2024
    Sold for $820,000
  • 13 Nov 2023
    Listed for Sale $725,000
  • 19 Sep 2023
    Listed for Sale $725,000
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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 12,171 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.
There are currently 56 properties listed for sale, and 13 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 490 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.