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Sold on 06 Jul 2024 for $640,000

2/16 Thomas Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 201m2
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Property Details for 2/16 Thomas St, Ringwood

2/16 Thomas St, Ringwood is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 201m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Land Size
201m2
Local Government
Maroondah
Lot/Plan
2/RP11020

Last Listing description (July 2024)

Presenting as the perfect opportunity to purchase your first home, add a quality asset to your investment portfolio or downsize to a comfortable home in a connected location, this impeccably presented unit is all of that and more.

Step inside to a spacious light-filled layout that features a formal lounge area with plenty of room to entertain, plus a convenient study/office nook.

Incorporating plenty of built-in storage, an integrated electric cook top, breakfast bar and an adjoining meals area, the kitchen is both functional and central.

Bedrooms with robes are housed away from the main living zone, the master has a built-in desk and en-suite, while all have proximity to the matching main bathroom with shower and separate bath.

Outside a perfectly private low-maintenance courtyard is ideal for backyard barbecues or relaxing with family and friends, as well as providing rear access to the lockable garden shed.

Split-system heating/air-conditioning and a double carport are valued additions in a versatile real estate offering located for an ease of lifestyle.

Within walking distance to Great Ryrie Primary School and Ringwood Secondary College, Aquinas College, Aquanation, Ringwood Station and the Eastland retail and entertainment precinct, close to Ringwood Lake Park, Jubilee Park and the Ringwood Square Shopping Centre, with easy access to Great Ryrie St, Bedford Rd, Canterbury Rd, Wantirna Rd, Mt Dandenong Rd, the Maroondah Highway and Eastlink.

Property History for 2/16 Thomas St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$640,000
06 Jul 2024
Listed for Rent
$350/w
03 Jan 2019
  • 06 Jul 2024
    Sold for $640,000
  • 07 Jun 2024
    Listed for Sale $550,000 - $600,000
  • 04 Dec 2018
    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 12,176 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 55 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Robert Groeneveld
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Kamran Atai
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Barry Plant - Doncaster East
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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.