5 Parkgate Dr, Ringwood is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 787m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Boasting a sweeping corner block position with discrete cul-de-sac entry via Barnston Place, this generous single level residence presents an excellent layout for families with thrilling potential for future updates if desired. Positioned on an expansive 787sqm block with a rare 27.43m street frontage, the home also offers exciting potential for those looking to redevelop or to build a brand new dream family home.
Situated just metres from Yarra Valley Grammar and the popular Common Room cafe, the home is also within easy walking distance of buses, Cobain Reserve, Kalinda Primary School, Mullum Mullum Creek Trail and Quambee Reserve sporting ovals. Luther College, Good Shepherd Primary and Jefferies Providore are also close by, with Eastland, EastLink, Tintern Grammar and Croydon Station all within reach.
Framed by leafy established gardens and an elegant gated entryway, the home features a spacious open plan living and dining area with split system air conditioning, floating timber flooring, and a bay window overlooking the front garden. A separate light-filled family room flows out to an elevated paved terrace, ideal for relaxed outdoor entertaining. Adjacent, the backyard includes a swimming pool with sleek frameless glass fencing, surrounded by a patio and lush private gardens.
A casual meals area is set alongside an expansive country cottage-style kitchen with abundant timber cabinetry, an island benchtop, a Bosch stainless steel dishwasher, a Miele oven, and a premium Fotile gas cooktop.
Three bedrooms are each equipped with built-in wardrobes, with the master also including an airy private ensuite and direct access to the rear terrace. A fourth bedroom / office features direct access from the garden, offering flexibility for those working from home. A central bathroom with separate bathtub is complemented by a large laundry and a guest powder room.
Featuring solar panels, split system heating and air conditioning, charming external timber shutters and shade blinds, great inbuilt storage and a remote double lock-up garage with internal access, the home also includes an additional large carport with gated access, ideal for a boat, caravan or trailer.
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 12,118 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:
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