SOLD
RECENT ADVICE
Sold on 17 Jan 2024 for $770,000

506/42B Nelson Street
Ringwood VIC 3134

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 506/42b Nelson St, Ringwood

506/42b Nelson St, Ringwood is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Apartment sold in Ringwood in the last 12 months.

Building Type
Apartment
Local Government
Maroondah
Lot/Plan
B506/PS806689

Last Listing description (January 2024)

THE PROPERTY
Positioned on the fifth floor of a striking modern complex, this immaculate three-bedroom apartment offers a cosmopolitan and carefree lifestyle. Discover a spacious and light-filled open plan living space upon entry, with floor to ceiling windows framing stunning elevated views. Gourmets will adore the centrally located modern kitchen flaunting mirrored splashbacks, premium stainless steel appliances, integrated fridge and a movable island bench. There is ample room to relax and dine, with sliding doors opening up to the tranquil main balcony, allowing for an easy transition outdoors. Lavishly appointed, the main bedroom features a walk-in robe, sleek ensuite and private balcony, with two further bedrooms (boasting built-in robes and balcony access) serviced by the luxurious fully tiled family bathroom. Further highlights of a dedicated laundry, split system heating and cooling, video intercom entry, two secure car spaces, not to mention the shared complex facilities including a gymnasium, library and cinema, makes this is an exciting opportunity that is not to be missed.

THE FEATURES

• Charismatic three-bedroom, two-bathroom apartment
• Main bedroom flaunts walk-in robe, ensuite & balcony
• Two further bedrooms, include BIRs & balcony access
• Sleek fully tiled main bathroom with shower, vanity & toilet
• Stunning main balcony boasting elevated views
• Two secure car spaces conveniently within the complex
• Split system heating and cooling for year-round comfort

THE LOCATION
Situated in a prime location, just steps from the Mullum Mullum Creek Trail, with premium shopping and dining just a short stroll away at Eastland, plus with Ringwood Station, Costco and Ringwood Lake all within walking distance, everything you need is close at hand.

On Site Auction Saturday 27th of January at 11am

Property History for 506/42b Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$770,000
17 Jan 2024
Listed for Rent
$575/w
16 Dec 2021
  • 13 Jan 2024
    Sold for $770,000
  • 21 Dec 2023
    Listed for Sale Auction
  • 29 Oct 2021
    Listed for Rent - Price not available
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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 12,125 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:

  • The median value for Houses in Ringwood is $1,034,046 while the median value for Units is $637,138.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 57 properties listed for sale, and 9 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Vivian Li
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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.