OFF MARKET

57 Warrandyte Road
Ringwood VIC 3134

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 733m2
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Property Details for 57 Warrandyte Rd, Ringwood

57 Warrandyte Rd, Ringwood is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 733m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1970
Floor Size
115m2
Land Size
733m2
Local Government
Maroondah
Lot/Plan
1/TP429190

Last Listing description (November 2022)

Representing an unrivalled opportunity for builders, investors and developers, this significant 743sqm (approx.) site is set within the heart of Ringwood just a short stroll from Ringwood Station, Eastland, Norwood Pre-School, Mullum Primary School and Norwood Secondary College.

Incorporating a 15m street frontage and a depth of 49m all within a desirable NRZ3, the property lends itself to multi-dwellings, possible sub-division or live in one or rent both of the two existing homes while considering what you wish to do with the property (STCA).

Currently, the allotment hosts two rented out properties, the home has been designed to accommodate two separate households with independent entrances and car accommodation. A prime opportunity in a leading location, appreciate nearby Notlen Reserve and the close proximity to EastLink, Ringwood Secondary College, Costco and Ringwood Square Shopping Centre.

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Property History for 57 Warrandyte Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$925,000
10 Feb 2021
Listed for Rent
$270/w
13 Mar 2015
  • 10 Feb 2021
    Sold for $925,000
  • 24 Mar 2020
    Listed for Sale Contact Agent
  • 24 May 2018
    Sold for $877,500
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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 12,176 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 55 properties listed for sale, and 18 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Ringwood.

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