SOLD
Sold on 06 Mar 2024 for $650,000

2/2 Sussex Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 360m2
Sold By
Scenic Property Dromana
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Property Details for 2/2 Sussex St, Ringwood

2/2 Sussex St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 360m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
85m2
Land Size
360m2
Local Government
Maroondah
Lot/Plan
2/SP24554

Last Listing description (April 2024)

This well maintained unit presents an ideal opportunity for those in search of their first home or investment property. The interior, kept in impeccable condition, exudes a sense of freshness and versatility. Whether you seek personal relaxation or plan to entertain friends, the spacious lounge area, bathed in natural light from the expansive bay window, provides an inviting ambiance. Adjacent to this, a roomy dining area complements a sunlit, contemporary kitchen, while two bedrooms with built-in-robes are serviced by a spotless bathroom.

Nestled in a tranquil street, the property offers a private retreat. Uncover delightful surprises, including the convenience of ducted heating, a meticulously maintained backyard, and the added security of a lock-up garage. The location further enhances the appeal, as Eastland, the train station, and an aquatic centre are all conveniently within reach. Seize this opportunity - a perfect blend of comfort, convenience, and hidden delights.

Property History for 2/2 Sussex St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$650,000
06 Mar 2024
Listed for Rent
$260/w
01 Dec 2008
  • 06 Mar 2024
    Sold for $650,000
  • 20 Feb 2024
    Listed for Sale $640,000 - $700,000
  • 17 Nov 2011
    Transferred
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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.

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.