OFF MARKET

8/10-12 New Street
Ringwood VIC 3134

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 106m2
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Property Details for 8/10-12 New St, Ringwood

8/10-12 New St, Ringwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 106m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1970
Floor Size
77m2
Land Size
106m2
Local Government
Maroondah
Lot/Plan
8/RP2100

Last Listing description (May 2021)

Brilliantly positioned in the beating heart of Ringwood, this 1-bedroom villa unit presents an outstanding opportunity for the enthusiastic market entrant, established house-flipper or investor, to renovate in an unrivalled location.

Ready for reinvigoration, it features a spacious open living and dining room, which incorporates a kitchen with a gas upright cooker.

The bedroom is generously-sized and contains a built-in wardrobe plus a combined ensuite/laundry with a shower, trough, vanity and a separate toilet.

Outside, the secure courtyard with shed, is a blank canvas for landscaping or creating an intimate alfresco space and there is a single carport to park the car away.

Boasting the rare advantage of no shared walls with the neighbours and a second to none location, this unit is a remarkable buy, where you can put in the hard work today and reap the rewards for many years to come.

Situated within walking distance to Eastland Shopping Centre, Town Square, Realm, Costco, Ringwood Train Station and the Mullum Mullum Creek Trail. It is also a few minutes' drive to zoned Ringwood Secondary College and the EastLink freeway entry.

Noel Jones Real Estate has taken every precaution to establish the accuracy of this information however shall in no event accept liability for loss or damage suffered by a third-party. People must make their own enquiries as to its accuracy.

Property History for 8/10-12 New St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$332,000
30 Mar 2021
  • 30 Mar 2021
    Sold for $332,000
  • 16 Mar 2021
    Listed for Sale Under Offer
  • 03 Oct 1993
    Sold for $63,000
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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 12,118 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 52 properties listed for sale, and 7 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 466 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.