5 Greenwood AvenueRingwood VIC 3134
Property Details for 5 Greenwood Ave, Ringwood
5 Greenwood Ave, Ringwood is a 5 bedroom, 2 bathroom House. The property has a land size of 1090m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Ringwood in the last 12 months.
Last Listing description (October 2024)
Presenting one of the greatest development opportunities available right now in Ringwood. Occupying a flat block of land measuring approximately 1,105sqm, with the area's quality amenities just beyond its gates, this property offers a premium opportunity to capitalise on its incredible dimensions and location.
Resting alongside Greenwood Park, you could explore the option of creating a contemporary complex of multiple units or townhouses, designed to maximise the relaxing vistas on offer (STCA).
At A Glance:
- Ideal canvas to create multiple units/townhouses (STCA)
- Building provides great storage, heating and cooling
- Generous parking
You'll Love:
This property's outstanding position, situated within a short stroll to Maroondah Federation Estate, Ringwood Train Station, Eastland, Town Square, Realm, Ringwood Lake, Aquanation, Greenwood Park Kindergarten, Our Lady of Perpetual Help Primary School, Great Ryrie Primary School, zoned Ringwood Secondary College and Aquinas College. Around 1.5 kms from the EastLink entrance.
Property History for 5 Greenwood Ave, Ringwood, VIC 3134
- 26 Sep 2024Sold for $1,300,000
- 23 Aug 2024Listed for Sale $1,200,000 - $1,300,000
- 22 Sep 2022Transferred
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0About 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 12,175 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.
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