OFF MARKET

1/162-164 Railway Avenue
Ringwood East VIC 3135

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 175m2
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Property Details for 1/162-164 Railway Ave, Ringwood East

1/162-164 Railway Ave, Ringwood East is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 175m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1995
Floor Size
101m2
Land Size
175m2
Local Government
Maroondah
Lot/Plan
1/SP33065

Last Listing description (January 2023)

Granting carefree comfort and incredible convenience, this single-level unit on approximately 175sqm is for the buyer seeking an easy life or excellent investment. It is located within walking distance to bus stops, parks, playgrounds, Eastwood Primary School, Tintern Grammar, Ringwood East Shopping Village and Train Station. Only a few minutes' commute to Eastland and the EastLink freeway.

- Desirably fronting a small complex, the home benefits from leafy corner block aspects which can be appreciated from the comfort of a sunlit lounge and dining room
- The fully equipped kitchen has been upgraded with some modern appliances and has ample storage

- A breakfast ledge and meals area complement the kitchen
- A private courtyard can be reached from here. It is lined with some colourful roses, has a paved area for entertaining plus a clothesline to hang out the washing
- A full-size laundry will make cleaning a breeze, as will the inclusion of ducted vacuum
- Two bedrooms with sliding built-in wardrobes take care of accommodation
- A traditionally-configured bathroom with a shower, bathtub and vanity services the rooms
- A wash closet is placed separately for convenience
- Comfort is assured throughout the seasons with ducted heating and two air conditioners
- A double garage with a remote roller door is a big bonus that adds further allure to this unit

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Property History for 1/162-164 Railway Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$610,000
12 Jan 2023
Listed for Rent
$350/w
08 Mar 2019
  • 12 Jan 2023
    Sold for $610,000
  • 02 Dec 2022
    Listed for Sale $555,000 - $610,000
  • 12 Feb 2019
    Listed for Rent - Price not available
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About Ringwood East 3135

The size of Ringwood East is approximately 4.7 square kilometres. It has 16 parks covering nearly 6.7% of total area. The population of Ringwood East in 2011 was 9,748 people. By 2016 the population was 10,285 showing a population growth of 5.5% in the area during that time. The predominant age group in Ringwood East is 30-39 years. Households in Ringwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood East work in a professional occupation. In 2011, 71.1% of the homes in Ringwood East were owner-occupied compared with 68.3% in 2016.

Ringwood East has 5,495 properties. Over the last 5 years, Houses in Ringwood East have seen a 19.43% increase in median value, while Units have seen a 13.74% increase. As at 31 October 2024:

  • The median value for Houses in Ringwood East is $1,020,554 while the median value for Units is $712,544.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Ringwood east.

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