SOLD
Sold on 08 Jul 2024 for $420,000

58A Maroondah Highway
Ringwood VIC 3134

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 219m2
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Property Details for 58a Maroondah Hwy, Ringwood

Building Type
Commercial
Year Built
1991
Floor Size
86m2
Land Size
219m2
Local Government
Maroondah
Lot/Plan
2/LP24940

Last Listing description (August 2023)

Excellent retail or office space of 70sqm, suitable for a number of different businesses.

Located with good Maroondah Highway frontage and surrounded by quality businesses. With easy access to Eastlink, Eastland Shopping Centre and Costco.

Please contact Anthony Treeby on 0411 558 993 for further details.

Visit treebyfirstnational.com.au to view more of our commercial properties!

Property History for 58a Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$420,000
08 Jul 2024
Listed for Rent
$25k/w
22 Aug 2023
  • 08 Jul 2024
    Sold for $420,000
  • 25 Nov 2020
    Listed for Rent $24,600 / month
  • 23 Oct 2017
    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 12,176 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.

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.