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Sold on 11 Oct 2024 - Price Unavailable

8 Heywood Street
Ringwood VIC 3134

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 402m2
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Property Details for 8 Heywood St, Ringwood

8 Heywood St, Ringwood is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 402m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Ringwood in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
402m2
Local Government
Maroondah
Lot/Plan
1/PS421863

Last Listing description (October 2024)

Located in the heart of Ringwood, 8 Heywood St offers a valuable piece of land waiting for a visionary investor, its prime location and endless potential make it an opportunity not to be missed.

- Outstanding Location: Just minutes' walk to Ringwood Station and Eastland Shopping Centre. The area boasts a full range of amenities, including supermarkets, dining, entertainment, and fitness centers, catering to all aspects of daily life.
- Convenient Transport Hub: Close to Maroondah Highway and Eastlink, providing easy access to Melbourne CBD and surrounding areas, saving you valuable commuting time.

- Quality Education Resources: Located within sought-after school zones, including Ringwood Secondary College, Great Ryrie Primary School and minutes drive to Tintern Grammar School, making it highly desirable for families and investors alike.
- Future Development Potential: As one of the fastest-growing areas, Ringwood offers strong growth prospects. Whether it's renovation, redevelopment, or a brand-new project, this land promises endless possibilities and significant returns.
- Lifestyle Convenience: Walking distance to local parks, green spaces, and Ringwood Lake, enhancing life with nature and health. Perfect for leisurely walks or family fun, this location is ideal.

A Dream Location for Investors and Your Future Asset! As Ringwood continues to thrive, this land presents an unmissable opportunity. Though the current house is uninhabitable, the superb location makes it perfect for rebuilding or development. Contact us today to explore the potential of this hidden gem!

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Property History for 8 Heywood St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
11 Oct 2024
  • 11 Oct 2024
    Sold
  • 17 Sep 2024
    Listed for Sale Not Disclosed
  • 17 Dec 2004
    Sold for $230,000
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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 12,061 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 57 properties listed for sale, and 12 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Ringwood.

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