SOLD
Sold on 28 Mar 2024 for $500,000

205/5 Sherbrook Avenue
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 1401m2
Save

Property Details for 205/5 Sherbrook Ave, Ringwood

205/5 Sherbrook Ave, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 1401m2 and floor size of 71m2. 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
2019
Floor Size
71m2
Land Size
1401m2
Local Government
Maroondah
Lot/Plan
205/PS740283

Last Listing description (May 2024)

Sleekly designed with a focus on lifestyle sophistication, this cutting-edge apartment makes a magnificent low-maintenance statement with its stylish layout and quality appointments, perfect for owner occupiers and investors both.

Brightly lit with natural light, the open plan living, dining and kitchen domain hosts a superb blend of stone benches, radiant green glass splashbacks, SMEG appliances and engineered timber flooring all through the living and kitchen.

Carpet offers a comforting ambience throughout the two robed bedrooms with shelves, drawing and hanging spaces; Further complemented by nicely fitted laundry, split system heating/air conditioning plus an individual underground secured car space and storage cage.

In a location that relishes the convenience of central proximity to Ringwood Square Shopping Centre, Eastland & Costco, Heathmont Station, Asian groceries and easy access to Eastlink.

Please don't miss out this lovely home and the motivated vendor is welcoming any reasonable offer.

Property History for 205/5 Sherbrook Ave, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$500,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $500,000
  • 20 Feb 2024
    Listed for Sale Under Offer
  • 13 Oct 2022
    Sold for $475,000
Sign in to see more transactions

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 12,171 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 56 properties listed for sale, and 13 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 490 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
Contact agency
Show contact details
Ray White Preston
Preferred contact:
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.