63 Loughnan RoadRingwood VIC 3134
Property Details for 63 Loughnan Rd, Ringwood
63 Loughnan Rd, Ringwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 841m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (June 2024)
Nestled on a generous plot of land approximately 840 square metres in size, this weatherboard home offers sweeping views of the vibrant Ringwood Central with the stunning Dandenong Ranges in the backdrop. Although the existing house is slightly run-down, it presents an exceptional opportunity for full renovation or redevelopment.
The current residence boasts three bedrooms and one bathroom, providing a solid foundation for future transformation. However, the true allure of this property lies in the council-approved plans and permits that accompany it. These plans are for the construction of two brand new, stunning architecturally designed townhouses. Both with own driveway.
With the plans in hand, you have the chance to create two modern homes that will seamlessly blend into the surrounding neighbourhood. These townhouses will be a testament to contemporary design and functionality, offering a fresh and enticing living experience. Upon completion, each townhouse will feature an array of high-end finishes and thoughtfully designed living spaces. The architect's vision encompasses a harmonious balance of aesthetics and practicality, ensuring these homes will be both visually striking and comfortable to live in.
Moreover, the location of this property adds to its appeal. Residents will enjoy the convenience of nearby amenities, including shopping centres, restaurants, parks, and public transportation. Additionally, the sweeping views from this elevated vantage point provide a serene backdrop, adding a touch of tranquility to everyday life.
Whether you are an investor seeking a profitable venture or a homeowner looking to create your dream residence, this property offers endless possibilities. Don't miss out on the chance to bring these exceptional townhouses to life in the heart of Ringwood Central.
For further information about the approved plan contact Julien today.
Property History for 63 Loughnan Rd, Ringwood, VIC 3134
- 18 Oct 2023Sold for $770,000
- 05 Jun 2023Listed for Sale Under Contract
- 19 Nov 2016Sold for $732,000
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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 12,171 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.
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