SOLD
Sold on 31 Jul 2024 for $1,300,000

12/505 Maroondah Highway
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 373m2
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Property Details for 12/505 Maroondah Hwy, Ringwood

Building Type
Commercial
Land Size
373m2
Local Government
Maroondah
Lot/Plan
12/SP28678

Last Listing description (December 2016)

Here is your chance to lease this great factory offering bright 2 level office, open factory space, large roller door, excellent truck access and 3 phase power.
Approx 315sqm plus mezzanine of 40sqm plus office of 50sqm. It would suit a number of business.
Close to 'Mercedes Benz', Mazda, Ford, 'VW' ,'Car City' and 'Peter Stevens Morocycle ShowroomnLocated just off Ringwood Bypass near Oban Rd.

$36,000 P/A
Please contact Anthony Treeby 0411 558 993 or anthony@treebycommercial.com.au

Property History for 12/505 Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,300,000
31 Jul 2024
Listed for Rent
$690/w
21 Jun 2016
  • 31 Jul 2024
    Sold for $1,300,000
  • 10 May 2016
    Listed for Rent $32,000 / year
  • 19 Mar 2013
    Listed 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 12,063 properties. Over the last 5 years, Houses in Ringwood have seen a 27.17% increase in median value, while Units have seen a 13.37% increase. As at 30 September 2024:

  • The median value for Houses in Ringwood is $1,034,016 while the median value for Units is $630,481.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 53 properties listed for sale, and 12 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 473 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.