SOLD
Sold on 16 Mar 2024 for $513,000

3/13 City Road
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 93m2
Sold By
Jellis Craig Whitehorse
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Property Details for 3/13 City Rd, Ringwood

3/13 City Rd, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 93m2 and floor size of 85m2. 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
1970
Floor Size
85m2
Land Size
93m2
Local Government
Maroondah
Lot/Plan
3/RP2784

Last Listing description (August 2024)

Centrally located, with exciting scope for updates, this unit presents a superb opportunity for first homebuyers, downsizers, or those seeking a low maintenance investment. Set just metres from leafy Jubilee Park, and a short stroll from Ringwood Station, Eastland Shopping Centre, Aquinas College, Great Ryrie Primary School and zoned for Ringwood Secondary college

The floorplan offers great separation from the living room and bedrooms with the master complimented by a large walk in wardrobe with potential for future conversion.Featuring timber flooring, the unit includes a living room, a spacious separate meals area, and an updated kitchen with a stainless steel oven and cooktop. At the rear, a generous courtyard offers ample secure space for pets or children. A great property with future scope and awaiting someone to take advantage of the blank canvas and renovate over time.

Property History for 3/13 City Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$513,000
16 Mar 2024
Listed for Rent
$130/w
09 Apr 1994
  • 16 Mar 2024
    Sold for $513,000
  • 10 Oct 2023
    Listed for Sale $450,000 - $480,000
  • 12 Oct 1998
    Sold for $92,000
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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 12,176 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 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 486 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.