OFF MARKET

3 Strathallyn Road
Ringwood VIC 3134

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 868m2
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Property Details for 3 Strathallyn Rd, Ringwood

3 Strathallyn Rd, Ringwood is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 868m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Land Size
868m2
Local Government
Maroondah
Lot/Plan
32/LP23905

Last Listing description (May 2023)

*Please note internal images are the Second dwelling at the rear of the property. No photos of the front dwelling supplied

On a prime 867sqm (approx.) corner allotment, in a popular pocket of real estate that is renowned for its quality schools, reserves, trails and proximity to central Ringwood, you'll find this rare dual-dwelling property with dual-occupancy redevelopment possibilities (STCA).

Well-accommodating, the two dwellings consist of an original three-bedroom, one-bathroom weatherboard residence that would make the perfect renovation project, plus a more modern, two-bedroom, one-bathroom cottage. Both dwellings contain living and dining areas, kitchens, laundries and split system air conditioners. The block that they reside on has a courtyard with a covered patio, a double garage and three sheds.

Presenting a plethora of exciting options; you could revive and reside in the front home and house extended family in the cottage, keep the property as an investment, or remove both dwellings to make way for two new residences (STCA). If you choose to explore dual-occ redevelopment, the two new homes have the potential for their own driveways, street-frontage and views of the Mount Dandenong Ranges if you opt to go double-storey. Whatever you plan to do with the property, a premium location is guaranteed; situated within walking distance to bus services, sporting ovals, Mullum Mullum Reserve and Creek Trail, Mullum Primary School, Norwood Secondary College, North Ringwood Village and Eastland. A short drive to EastLink, Yarra Valley Grammar and Luther College.

Property History for 3 Strathallyn Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$890,500
17 Feb 2023
  • 17 Feb 2023
    Sold for $890,500
  • 17 Jan 2023
    Listed for Sale CONTACT AGENT

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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 12,171 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 56 properties listed for sale, and 13 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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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.