OFF MARKET

5/20 Munro Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 119m2
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Property Details for 5/20 Munro St, Ringwood

5/20 Munro St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 119m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
119m2
Local Government
Maroondah
Lot/Plan
5/SP20408

Last Listing description (October 2022)

Just steps to Eastland Shopping Centre, next to the Eastern Freeway, and tucked peacefully away at the back of the block, this 2-bedroom delight ticks all the boxes for convenience, privacy, and low-maintenance liveability, and is sure to appeal to a wide range of buyers. Perfect for first home seekers and keen downsizers, it's also held a solid track record for being an easy to rent out property, making it an excellent asset for investors looking to add serious value to their portfolio.

Welcoming and practical, the large open-plan living & meals showcases quality timber floors and is overseen by a neatly presented kitchen with gas cooktop, while sliding doors glide out towards a private courtyard that's perfect for entertaining without the hassle of maintenance. Upstairs, two generous BIR bedrooms share a sleek central bathroom and enjoy optimal year-round temperatures thanks to individual split system air conditioning units. A large tandem garage with laundry facilities provides additional peace of mind and completes the package.

Mere moments to Ringwood Station, Mullum Mullum Creek Trail, schools, and Eastland's excellent dining, caf and shopping options, 5/20 Munro Street is a top choice to both live in or rent out!

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Property History for 5/20 Munro St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$565,000
22 Oct 2022
Listed for Rent
$370/w
19 Mar 2021
  • 22 Oct 2022
    Sold for $565,000
  • 27 Sep 2022
    Listed for Sale $500,000 - $550,000
  • 12 Mar 2021
    Listed for Rent $370 / 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 12,059 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 57 properties listed for sale, and 12 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Ringwood.

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