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Sold on 05 Mar 2024 for $935,000

3 Maidstone Street
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 668m2
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Property Details for 3 Maidstone St, Ringwood

Building Type
Land
Land Size
668m2

Last Listing description (March 2024)

Discover the epitome of prime real estate in the heart of Ringwood with this expansive property spanning an impressive 668sqm (approx.). Offering a canvas of possibilities, this gem is not only a magnet for developers seeking lucrative ventures but also beckons those with a vision for a new home.

The allure of this property extends beyond its generous dimensions. Nestled in an outstanding location, it boasts close proximity to key amenities, including Eastland, Eastlink, Ringwood Train Station, and convenient bus services. Nature enthusiasts will appreciate the nearby Proclamation and Jubilee Parks, Ringwood Lake, and Aquanation.

Families will find the educational landscape equally appealing, with the property situated near quality schools such as Great Ryrie and Our Lady's Primary School, Ringwood Secondary College, and Aquinas College. Beyond the property's boundaries, a tapestry of educational excellence unfolds.

Immerse yourself in the vibrant community with the added convenience of nearby recreational havens, such as Ringwood Lake and Aquanation. This location seamlessly marries urban connectivity with a touch of nature, offering a balanced and enriched lifestyle.

Whether you're a savvy developer eyeing an investment opportunity or a home seeker yearning for the perfect canvas to build upon, this property not only meets but exceeds your expectations. Embrace the synergy of prime location, vast potential, and the promise of a fulfilling lifestyle that comes with this remarkable Ringwood opportunity.

Property History for 3 Maidstone St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$935,000
05 Mar 2024
  • 29 Feb 2024
    Sold for $935,000
  • 09 Feb 2024
    Listed for Sale $890,000 - $950,000
  • 16 Jul 1991
    Sold for $95,000
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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 12,177 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 57 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Sharon Jones Weill
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Ray White Ringwood
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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.