OFF MARKET

25/50 New Street
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 117m2
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Property Details for 25/50 New St, Ringwood

Building Type
Commercial
Floor Size
117m2
Local Government
Maroondah
Lot/Plan
25/PS713793

Last Listing description (October 2023)

* View the virtual tour and floor plan
* Impress your clients and staff
* 117 square metre second floor office or medical consulting suite

* 4 designated car parks
* Street parking and a large shopping centre car park directly opposite the building
* Fully carpeted and air conditioned throughout
* Front reception and waiting area, enclosed meeting room, two enclosed offices, filing/server room, open plan work space, and internal kitchenette
* Shared male and female bathrooms on the floor that are always immaculately clean
* Disabled access into the building with elevator access to each floor
* Shared conference room in the building for occupiers
* Just off the Maroondah Highway and Eastlink
* Central Ringwood commercial and retail hub
* Surrounded by amenity
* Available immediately

Property History for 25/50 New St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
06 Oct 2023
Listed for Rent
$35k/w
13 Oct 2023
  • 12 Sep 2023
    Sold for $672,750
  • 25 Aug 2023
    Listed for Sale Sale: $695,000 | LEASE: $38,500 PA Net
  • 25 Aug 2023
    Listed for Rent $35,000 / year
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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 12,123 properties. Over the last 5 years, Houses in Ringwood have seen a 27.17% increase in median value, while Units have seen a 13.37% increase. As at 30 September 2024:

  • The median value for Houses in Ringwood is $1,034,016 while the median value for Units is $630,481.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 54 properties listed for sale, and 10 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 477 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.