SOLD
Sold on 23 May 2024 for $720,000

410 Maroondah Highway
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 655m2
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Property Details for 410 Maroondah Hwy, Ringwood

410 Maroondah Hwy, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 655m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Ringwood in the last 12 months.

Building Type
House
Land Size
655m2
Local Government
Maroondah
Lot/Plan
89/LP60535

Last Listing description (May 2024)

Cleverly set back from the street, yet with great connection to major roads and local amenities, this incredible 660 sqm (approx.) property will no doubt impress with its spacious flat gradient and exciting future prospects.

Presenting an opportunity to renovate, extend, build new or completely re-develop into a modern multi-dwelling site (STCA), this rare real estate asset is currently tenanted offering new owners the chance to earn a solid rental income while they get their plans and permits organised.

Sitting in the middle of a large, even site, the current residence features a sun-drenched covered front porch, quality timber floors, a formal lounge and dining area with split-system re-verse-cycle heating/cooling, a functional central kitchen with gas cooking, bedrooms with robes, bathroom with shower and bath, a single garage, plus an expansive gated backyard with citrus trees, veggie patches and plenty of room to explore.

Located for lifestyle within walking distance to Kalinda Primary School, Mullum Primary School, Norwood Secondary College, Yarra Valley Grammar, bus transport, the Mullum Mul-lum Trail and the Burnt Bridge shopping centre, close to Maroondah Hospital, Ringwood East Station, Ringwood Lake Park, Ringwood Station and the Eastland Shopping Centre, as well as enjoying great connection to Dublin Rd, Mt Dandenong Rd, Wantirna Rd, Canter-bury Rd and Eastlink, this is a chance to capitalise on a well positioned property.

* Incredibly located property on 660 sqm (approx.) close to schools, shops, transport
* Choose to renovate, extend, build new or develop into a multi-dwelling site (STCA)
* Current residence with large lounge and dining, timber floors, functional kitchen
* Bedrooms with robes, a central bathroom, gated backyard with room to explore
* Split-system heating/cooling, single garage and an amazing amount of potential
* Currently tenanted on a month to month lease
* Potential clinic or commercial option subject to council approval

Disclaimer: While all care has been taken by Fletchers Maroondah and its third party providers to ensure all information above is true and correct, Fletchers Maroondah and its third party providers are not responsible for, and expressly disclaim all liability for, damages of any kind arising out of the use, reference to, or reliance on any information contained within the above property description. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Fletchers Maroondah will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 410 Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$720,000
23 May 2024
Listed for Rent
$340/w
19 Jan 2016
  • 23 May 2024
    Sold for $720,000
  • 17 May 2024
    Listed for Sale Not Disclosed
  • 12 May 2023
    Sold for $685,000
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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 12,124 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:

  • The median value for Houses in Ringwood is $1,034,046 while the median value for Units is $637,138.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 56 properties listed for sale, and 9 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in 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.