SOLD
Sold on 12 Mar 2024 for $540,000

208/5 Sherbrook Avenue
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 74m2
Land area: 1401m2
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Property Details for 208/5 Sherbrook Ave, Ringwood

208/5 Sherbrook Ave, Ringwood is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 1401m2 and floor size of 74m2. 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
74m2
Land Size
1401m2
Local Government
Maroondah
Lot/Plan
208/PS740283

Last Listing description (June 2024)

Sleekly designed with a focus on lifestyle sophistication, this cutting-edge 3 years old 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 via the sky light and the sliding doors, the north facing 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.

Further complemented by a Euro laundry with stone benchtop and plenty of storage, split system heating/air conditioning plus a designated car space and a lockup storage cage.

In a location that relishes the convenience of central proximity to Heatherdale train station, Ringwood Square Shopping Centre, Eastland & Costco, Heathmont Station, Asian groceries and easy access to Eastlink, this lovely unit of 2-bedroom plus study is perfect for both new home buyers and astute investors!

Features include:

- Massive Kitchen;
- North facing living and balcony;
- 2 bathrooms;
- SMEG appliances;
- Split system for heating and cooling;
- Secured car space and storage cage;
- Engineered floor board;
- Nicely fitted laundry with stone bench and plenty storage;

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Property History for 208/5 Sherbrook Ave, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$540,000
12 Mar 2024
Listed for Rent
$420/w
03 Feb 2021
  • 12 Mar 2024
    Sold for $540,000
  • 20 Feb 2024
    Listed for Sale $530,000 - $580,000
  • 12 Apr 2023
    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 12,171 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 55 properties listed for sale, and 13 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 487 properties were sold in the past 12 months in Ringwood.

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