OFF MARKET

4/14-16 New Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 158m2
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Last updated 11 Nov 2024
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Property Details for 4/14-16 New St, Ringwood

4/14-16 New St, Ringwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 158m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1970
Floor Size
70m2
Land Size
158m2
Local Government
Maroondah
Lot/Plan
4/RP3271

Last Listing description (May 2023)

THE PROPERTY

Refreshingly bright with a north facing aspect, representing quality and value, this stylishly updated abode is part of a well-maintained complex just moments from Eastland Shopping Centre. Promising a modern interior, spacious living and low maintenance ease, a must see for eager first home buyers, astute downsizers and savvy investors. Comfortable as is, move in upon settlement or lease out for a great rental income. Located amongst friendly neighbours, boasting easy access to shops, eateries, public transport, schools and parks.

THE FEATURES

Crisp neutral tones throughout give this renovated gem a contemporary edge. Showcasing a functional floor plan consisting of formal living alongside a sunny meals with a connecting kitchen updated with modern cabinetry and benchtops, quality appliances, finishes and fittings. Included in the layout are 2 robed bedrooms, a stylish bathroom with a frameless walk-through shower complemented by a separate laundry with external access.

The unit is serviced by ducted heating, 2 split system units, a neat courtyard, an external storeroom, a car space plus a visitor's parking spot.

THE LOCATION

Enviably positioned with Eastland at your door, enjoy immediate access to first class retail, dining and entertainment. Soak up nature with a short stroll to Mullum Mullum Creek Trail and surrounding parklands, easily walk to local eateries, Costco, ALDI and Coles supermarkets along with specialty retailers including Chemist Warehouse and Supercheap Auto. Surrounded by quality schools and boasting convenient access to Ringwood Station and the Eastlink arterial.

On Site Auction Saturday 4th of March at 12pm

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Property History for 4/14-16 New St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$570,500
04 Mar 2023
Listed for Rent
$385/w
23 Aug 2022
  • 04 Mar 2023
    Sold for $570,500
  • 08 Feb 2023
    Listed for Sale Auction
  • 11 Jul 2022
    Listed for Rent $385 / week
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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 55 properties listed for sale, and 13 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 487 properties were sold in the past 12 months in Ringwood.

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