SOLD
RECENT ADVICE
Sold on 20 May 2024 for $1,260,000

112 Mullum Mullum Road
Ringwood VIC 3134

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 1110m2
Sold By
Fletchers Blackburn
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Property Details for 112 Mullum Mullum Rd, Ringwood

112 Mullum Mullum Rd, Ringwood is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Ringwood in the last 12 months.

Building Type
House
Land Size
1110m2
Local Government
Maroondah

Last Listing description (May 2024)

Gracefully established on the corner of Glen Cairn Avenue, this property on a substantial 1110 sq m approx. block offers an extremely rare two home design that will attract multi-generational families who are keen to remain together.

Conveniently opposite Norwood Secondary College and Mullum Primary School, growing families will appreciate the comfortable main home, featuring four bedrooms, a lounge/dining room, retreat, bright kitchen/meals and renovation potential (STCA).

With gas and electricity separately metered, the second two bedroom abode boasts a generous single level design with a single carport and private street entry. Full of sun, there's a living/dining and kitchen with French doors out to a deck.

With the beautiful Mullum Mullum Trail at the end of the avenue, it's only moments to Yarra Valley Grammar, Luther College, Ringwood North Village, Eastland, the train station and Eastlink.

- Unique two home design on 1110 sq m approx.
- Estimated combined rental return of $56,160 per annum*
- A classic four bedroom home with renovation potential (STCA)
- A separately metered two bedroom unit with private entry
- Heating and cooling
- Under-cover parking
- Opposite excellent schools
- Close to village cafes, Eastland and the train

Terms: 10% deposit, balance to be advised

*Rental return estimate provided is for informational purposes only and does not guarantee future income. Prospective buyers are advised to conduct independent research for accurate assessment.

Property History for 112 Mullum Mullum Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,260,000
20 May 2024
  • 20 May 2024
    Sold for $1,260,000
  • 29 Apr 2024
    Listed for Sale $1,050,000-$1,150,000
  • 29 Feb 2024
    Listed for Sale $1,200,000 - $1,320,000

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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.