394 Maroondah Hwy, Ringwood is a 5 bedroom, 4 bathroom House and was built in 2023. The property has a land size of 653m2 and floor size of 416m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Take charge of the future and turn your dreams into reality on this 653sqm approx. allotment that’s rectangular in shape and cleared ready for action, with an existing shed remaining on the site providing space to store building materials (STCA). Set in the General Residential Zone (GRZ1), the site is perfect for those keen to pursue plans for a new family home, whilst delivering equal appeal for builders/developers seeking a potential multi dwelling site. Certain to be appreciated by those with children, the block enjoys central proximity to plenty of schools including Mullum Primary, Kalinda Primary, Ainslie Parkland Primary, Melba Secondary, Norwood Secondary, Tintern Grammar and Yarra Valley Grammar. With the added benefits of easy access to Eastland Shopping Centre, Costco, train stations, buses, Maroondah Hospital, Mullum Mullum Creek Trail, parkland plus EastLink/Eastern Freeway.
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:
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