SOLD
Sold on 17 Mar 2024 for $392,500

8/37 Nelson Street
Ringwood VIC 3134

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Property Details for 8/37 Nelson St, Ringwood

8/37 Nelson St, Ringwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
53m2
Local Government
Maroondah
Lot/Plan
8/PS739642

Last Listing description (May 2024)

Promising the space and style of a studio apartment with its fabulous lofty ceilings and excellent natural light, this secure home entices singles, couples and savvy investors. The welcoming layout and unmissable convenience enables you to truly live a cosmopolitan lifestyle with Eastland, Hoyts Luxe cinemas, Town Square's cafes and eateries, and the Mullum Mullum Parkland's leafy trails all on your doorstep.

Polished hardwood floors and extensive glazing add character to the living/dining interiors with the stone topped kitchen incorporating Bosch appliances (gas cooktop), finished with gloss cabinetry and smoked mirror splashbacks. Sunlight streams in from a generous tiled front balcony, ideal for drinks before you head out to one of the numerous nearby gourmet restaurants/bars.

A large bedroom with built in robes and blinds is serviced by a fully tiled bathroom with modern stone finishes, and the apartment further offers split system heating/cooling, secure intercom/fob entry and a basement carpark.

In a boutique setting of just 12 apartments with mobility lift at entrance, walk to Ringwood Square, Bunnings, Aldi and Costco. Close to Ringwood Station, Aquanation, REALM and a host of fitness and childcare centres. Zoned to Ringwood Secondary College and metres to the freeway and Eastlink's gateway to the coast. Ready to immediately move in or lease out.

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Property History for 8/37 Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$392,500
17 Mar 2024
Listed for Rent
$340/w
13 Aug 2019
  • 17 Mar 2024
    Sold for $392,500
  • 19 Oct 2023
    Listed for Sale $380,000 - $395,000
  • 05 Jun 2019
    Listed for Rent $340 / 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 12,176 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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