27 Arlington St, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 936m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
With more than enough land and extraordinary potential for either a top-notch renovation, rebuild or multi-unit development (subject to council approval), this 936sqm (approx.) GRZ1 site will cater for any and all plans. Proudly occupying the block is a character three-bedroom home reminiscent of a bygone era, featuring period detailing through three separate living zones, a large kitchen, central spa bathroom and a fabulous entertainer's deck. Currently tenanted month-to-month, the existing abode will provide healthy rental income while you consider a vast array of exciting future prospects. It's little wonder this prime location is so tightly-held walking distance to Eastland, Ringwood Station and Costco, and close to Jubilee Park, Aquanation and EastLink. Prized zoning for Ringwood Secondary College and Great Ryrie Primary School only adds to the appeal.
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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:
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