OFF MARKET

7/49-51 Heathmont Road
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 112m2
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Property Details for 7/49-51 Heathmont Rd, Ringwood

7/49-51 Heathmont Rd, Ringwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 112m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1970
Floor Size
72m2
Land Size
112m2
Local Government
Maroondah
Lot/Plan
7/PS334800

Last Listing description (November 2022)

Superbly centred between the thriving main hubs of Ringwood and Heathmont; boasting walking distance to both train stations, buses, shops, schools and eateries, this neat single-level unit is a terrific place to enter the market, downsize or invest. Ready for habitation or reinvigoration, it presents in well-kept original condition; featuring timber floorboards and neutral paint tones throughout.

Comprising a sizeable lounge with gas wall heater, kitchen with electric cooking and adjoining meals area plus two bedrooms with built-in robes and new window dressings. A central bathroom and laundry with rear access completes the interior.


Outside, it hosts a quaint front verandah, covered car space and an enclosed backyard that possesses landscaping and entertaining potential. A central location sees incredible lifestyle amenities at its doorstep. An easy walk to public transport, parks, Great Ryrie Primary School, Aquinas and zoned Ringwood Secondary College. Moments from Aquanation, Heathmont Shopping Village, Eastland, Town Square and EastLink.

Current Rental Return $1,412 pcm

Property History for 7/49-51 Heathmont Rd, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$445,000
02 Jul 2022
Listed for Rent
$320/w
17 Dec 2018
  • 02 Jul 2022
    Sold for $445,000
  • 11 Feb 2022
    Listed for Sale $400,000 - $440,000
  • 04 Dec 2018
    Listed for Rent $320 / week
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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.

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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.