SOLD
Sold on 25 Nov 2023 for $925,000

25 Georges Road
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 766m2
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Property Details for 25 Georges Rd, Ringwood

25 Georges Rd, Ringwood is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 766m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Ringwood in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
766m2
Local Government
Maroondah
Lot/Plan
17/LP12418

Last Listing description (February 2024)

Providing limitless possibilities from its premier position only a short stroll from Eastland's shopping and entertainment precinct, this comfortable residence on 766sqm is certain to appeal to the astute builder or developer, with plans and permits already approved and awaiting action for two family-sized dwellings (STCA).

Light filled and comfortable, the existing home is perfect for those seeking to add to their property portfolio or wishing to obtain an income whilst various tradespeople are enlisted. Currently leased month by month, the home comprises of two robed bedrooms, family bathroom, separate toilet, carpeted lounge room featuring a servery opening and breakfast bar that connects through to the functional kitchen and meals zone, laundry, gas heating, shed plus a single garage.

Outlined in the approved plans, there are two double storey townhouses, each offering different layouts to ensure broad appeal is achieved. Townhouse one offers: five robed bedrooms, four ensuites plus a bathroom with toilet, powder room, laundry, open plan kitchen, living and dining room with island breakfast bench and butler's pantry/2nd kitchen plus a double garage.

Townhouse two provides: six robed bedrooms, (two with ensuites and two with a shared ensuite), twin vanity bathroom with toilet, powder room, laundry, open plan kitchen, living and dining room with island breakfast bench and butler's pantry/2nd kitchen plus a double garage.

Advantageously positioned in a location that enjoys a lifestyle of utmost convenience, within the Ringwood Secondary College zone, walking distance to Eastland Shopping Centre, Costco, Hoyts Cinemas, restaurants and cafes, Mullum Mullum Creek Trail, Ringwood Lake Park, buses and Ringwood Train Station, close to Mullum Primary School and Yarra Valley Grammar, with easy access to Eastlink.

Property History for 25 Georges Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$925,000
25 Nov 2023
Listed for Rent
$350/w
01 Mar 2022
  • 25 Nov 2023
    Sold for $925,000
  • 11 Sep 2023
    Listed for Sale $880,000-$930,000
  • 17 Feb 2022
    Listed for Rent $350 / week
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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 12,116 properties. Over the last 5 years, Houses in Ringwood have seen a 29.78% increase in median value, while Units have seen a 16.07% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood is $1,025,591 while the median value for Units is $625,445.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 54 properties listed for sale, and 14 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Ringwood.

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Barry Plant - Ringwood
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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.