SOLD
RECENT ADVICE
Sold on 18 Jul 2024 for $375,000

808/233 Maroondah Highway
Ringwood VIC 3134

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 808/233 Maroondah Hwy, Ringwood

808/233 Maroondah Hwy, Ringwood is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Ringwood in the last 12 months.

Building Type
Apartment
Local Government
Maroondah
Lot/Plan
808/PS748483

Last Listing description (July 2024)

THE PROPERTY
Nestled within the '233 East' complex in the heart of Ringwood, this stunning light-filled one-bedroom combine a low maintenance allure with a contemporary finish to deliver the ultimate package walking distance to the very best that Ringwood has to offer. Inside, discover a vibrant configuration with a spacious living and dining zone at its heart. The sparkling kitchen boasts gas cooktop, ample storage, and is set adjacent to a superb study nook. Two separate glass sliding doors in the main living room flow through to the elevated balcony providing unparalleled views around parks, reserves, and Eastland. With a beautiful north and west facing outlook you'll love to come home to some of the best sunsets of an evening. The spacious robed bedroom has access to the wrap-around balcony and is serviced by a chic bathroom making this a simple, yet effective layout. Great rental return on offer in the highest rental market on record available to investor. Massive rental yield with property ready for tenants to move straight in.

THE FEATURES

- One-bedroom, one-bathroom contemporary apartment on the eighth floor
- Perfect starter or investor opportunity
- Spacious open plan living and dining zone with split system heating/cooling
- Sparkling modern kitchen with mirrored splashback and spot lighting
- Sun-splashed balcony with panoramic views across Eastland and beyond
- Generous main bedroom with built in robe storage and balcony access
- Chic main bathroom with a shower, vanity and toilet
- European laundry facilities
- Secure underground car space and storage cage
- Access to the communal BBQ on the fifth floor for entertaining

THE LOCATION
Adding to the apartments list of desirable inclusions, you'll love the location. Simply leave the car and home and walk to Eastland's renowned shopping and dining precinct, Ringwood Station, Ringwood Lake, a host of schools, and easy access onto Eastlink.

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Property History for 808/233 Maroondah Hwy, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$375,000
18 Jul 2024
Listed for Rent
$380/w
08 Oct 2019
  • 18 Jul 2024
    Sold for $375,000
  • 27 May 2024
    Listed for Sale $349,000 - $369,000
  • 26 Sep 2021
    Sold for $380,000
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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 12,116 properties. Over the last 5 years, Houses in Ringwood have seen a 29.78% increase in median value, while Units have seen a 16.07% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood is $1,025,591 while the median value for Units is $625,445.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 54 properties listed for sale, and 14 properties listed for rent in Ringwood on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Ringwood.

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