OFF MARKET

16/11-13 Bourke Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 16/11-13 Bourke St, Ringwood

16/11-13 Bourke St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 65m2.

Building Type
Unit
Year Built
2017
Floor Size
65m2
Local Government
Maroondah

Last Listing description (October 2019)

Looking for the ultimate investment, first home or suburban apartment? Green Edge Apartments and a premium Ringwood locale deliver the perfect package for you with this stylish 2-bedroom home.

Investors:

4.67% return.
2 years old, great depreciation still available.
Leased until April 2020.

First Home Buyer:
Entry Level for Ringwood Central.
First Home Owner Grant (move in within 12 months) *conditions apply
Use the rent until April 2020 to pay extra off the mortgage.

Privately positioned with impeccable open plan design encompassing living and dining and contemporary kitchen equipped with Smeg cooking appliances, gas cooktop, dishwasher. A screened terrace invites private dining or after-work relaxation.

The sunlit bedroom is fitted with quality carpet and BIR, serviced by a large modern bathroom with frameless shower screen and Euro laundry.

Stroll to the gourmet surprises at Town Square or shop to your heart's content at Eastland, Ringwood Square and Costco. Footsteps to Mullum Mullum Trail and Ringwood Station. Seamless links to schools, the Eastern freeway and Eastlink.

The apartment includes split system heating/cooling, window furnishings, secure basement parking, video intercom entry, lift and storage.

Property History for 16/11-13 Bourke St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
  • 22 Nov 2018
    Listed for Sale $450,000 - $475,000

Commute Calculator

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 12,061 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 57 properties listed for sale, and 12 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

Market Insights
Ringwood Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ringwood Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.