SOLD
Sold on 27 Feb 2024 for $800,000

3/16 Oliver Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 250m2
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Property Details for 3/16 Oliver St, Ringwood

3/16 Oliver St, Ringwood is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 250m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
116m2
Land Size
250m2
Local Government
Maroondah
Lot/Plan
3/PS410501

Last Listing description (July 2024)

Loved for its spacious design and lifestyle location, this single level unit provides the perfect setting for young families, downsizers and investors with peaceful placement at the rear of only three and walking access to Eastland Shopping Centre.

Bound to impress from the moment you enter, the unit's generous spaces start with a welcoming lounge room that's comforted by carpet and complemented by a bay window where you can look out and see guests arriving.

The kitchen and dining zone provide an open plan essence that's incredibly spacious and equipped with a Chef oven and gas stove, Dishlex dishwasher, breakfast bench and corner pantry, while sliding doors open onto a paved courtyard where you can dine with friends in the fresh air.

Three robed bedrooms accommodate the family and include a huge master bedroom with walk-in-robe and 2-way ensuite effect access to the family bathroom, accompanied by a separate toilet.

Furthermore, the unit benefits from a full-sized laundry, ducted heating, split system air conditioning, alarm, decorative cornices plus the rare offering of a double garage.

Brilliantly poised only moments from Eastland Shopping Centre, Costco, Ringwood Station, Mullum Primary, Norwood Secondary, Tintern Grammar, Aquinas College, Mullum Mullum Creek Trail plus Eastlink.

Property History for 3/16 Oliver St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$800,000
27 Feb 2024
  • 26 Apr 2024
    Listed for Rent $600 / week
  • 27 Feb 2024
    Sold for $800,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
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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 12,125 properties. Over the last 5 years, Houses in Ringwood have seen a 29.81% increase in median value, while Units have seen a 16.78% increase. As at 31 August 2024:

  • The median value for Houses in Ringwood is $1,034,046 while the median value for Units is $637,138.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 57 properties listed for sale, and 9 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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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.