OFF MARKET

505/42B Nelson Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 77m2
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Property Details for 505/42b Nelson St, Ringwood

505/42b Nelson St, Ringwood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2019
Floor Size
77m2
Local Government
Maroondah
Lot/Plan
B505/PS806689

Last Listing description (July 2023)

Sold by David Alvares 0410 496 995 - Hoskins Maroondah

Lifestyle takes centre stage with this luxuriously appointed corner apartment, footsteps from Mullum Mullum Creek Trail and a short walk from Eastland Shopping Centre. A warm fusion of natural light and peaceful treetop views enhance the open plan lounge room that opens to a sunny north-facing balcony with views over the creek, complemented by a showpiece kitchen boasting stone benchtops and premium appliances; including a fully integrated microwave, dishwasher and a fridge/freezer for a streamlined finish.

All 3 bedrooms open to a full-length balcony with sweeping district views, including the master with a walk-in robe and a sleek ensuite finished with a double shower with dual rain heads and a heated towel rail; with an equally modern bathroom echoing the same designer style servicing the remaining bedrooms with ease.

A long list of exceptional features includes smart-phone full home automation with high-end sunscreen/block out internal blinds, lighting and keyless entry, oak floorboards, surround sound speakers, in ceiling split system reverse cycle heating and air-conditioning separate to all rooms, ceiling fans, fly-screens, double-glazed windows/doors, two side-by-side carparks adjacent to the lifts and a storage cage.

The complex has been creatively designed with exceptional facilities available to all residents - including communal outdoor areas and gardens, a movie theatre, gymnasium, dining room with a kitchen, library, wellness room and conference room. Offering superior connectivity to lifestyle amenities including Costco, Aldi, Bunnings, Ringwood Lake, quality schools, Ringwood Train Station, Eastlink and a variety of local parks, trails and recreational facilities.

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Property History for 505/42b Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$700,000
21 Mar 2023
  • 21 Mar 2023
    Sold for $700,000
  • 02 Nov 2022
    Listed for Sale $700,000 - $760,000
  • 04 Jun 2017
    Sold for $743,336

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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 12,186 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 59 properties listed for sale, and 15 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Ringwood.

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