OFF MARKET

501B/42 Nelson Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 501b/42 Nelson St, Ringwood

501b/42 Nelson St, Ringwood is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Maroondah

Last Listing description (June 2022)

Modern and stylish 2 bedroom apartment in prime central location only a short stroll to Eastland Shopping Centre, Ringwood train station and bus depot and Ringwood Lake, and within easy access to Eastlink freeway, Ringwood Secondary College, Tintern College, Aquinas College and local parklands/reserves.
Offering open planned living, modern kitchen with glass splashback and stainless appliances - gas stove top and electric oven, split system air conditioner, central bathroom, ample robes to both bedrooms, European laundry and private balcony with lovely outlook.
The complex offers recreational rooms, spa retreat, gym facilities and communal courtyards for all to enjoy. Beautiful lifestyle living.

Property History for 501b/42 Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Listed for Rent
$420/w
31 May 2022
  • 24 May 2022
    Listed for Rent $420 / week
  • 04 Feb 2021
    Listed for Rent $400 / 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.

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.