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Sold on 05 Nov 2024 - Price Unavailable

142 Maroondah Highway
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 226m2
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Property Details for 142 Maroondah Hwy, Ringwood

Building Type
Land
Land Size
226m2
Local Government
Maroondah
Lot/Plan
11/LP8863

Last Listing description (November 2024)

Hudson Bond Commercial are pleased to offer 142 Maroondah Highway, Ringwood. This investment opportunity is situated within arms reach of the bustling Ringwood Town Square, East Link and Ringwood Station.Notable Features:- Prime Location and Frontage on Maroondah Highway- Successful Drive Thru Coffee Business- Passing Rent $26,400 + GST + Outgoings - Excellent foot traffic - Excellent Access to East Link - Proximity to Ringwood Lake and Bedford Park. For further information please contact the Hudson Bond Commercial Team.

Property History for 142 Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
05 Nov 2024
  • 05 Nov 2024
    Sold
  • 18 Oct 2024
    Listed for Sale Contact Agent
  • 10 Nov 2023
    Listed for Sale Contact Agent
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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 12,186 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 59 properties listed for sale, and 15 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Hudson Bond
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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.