SOLD
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Sold on 13 Aug 2024 for $1,180,000

4 Montgomery Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 720m2
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Property Details for 4 Montgomery St, Ringwood

4 Montgomery St, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Ringwood in the last 12 months.

Building Type
House
Land Size
720m2
Local Government
Maroondah
Lot/Plan
53/LP16985

Last Listing description (September 2024)

One of the last high density development opportunities left in the area (STCA) and steps from all the conveniences that Ringwood has to offer, including Eastland shopping centre, Costco and the train station, this original family home offers an abundance of opportunity and potential for its next owners. Adorned by the same family since it was built way back when, with a large yard to compliment the nostalgic character, the weatherboard home offers 3 good sized bedrooms, a main lounge room with a fireplace, an original kitchen with electric cooking, and a rear family room with an additional electric wall heater and an air conditioner. The main bathroom takes you back in time with a traditional pedestal vanity and shower over bath configuration, with the addition of a second shower in the rear laundry room which also accommodates the separate toilet. The mature gardens continue to be a stand out feature with established trees and plants that provide a pleasant outlook. other opportunities include a knockdown/rebuild project, renovate, or redevelop the 720m2 (approx) flat block (STCA).

Property History for 4 Montgomery St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,180,000
13 Aug 2024
  • 13 Aug 2024
    Sold for $1,180,000
  • 23 Jul 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 12,171 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.