1 Laurence GroveRingwood East VIC 3135
Property Details for 1 Laurence Gr, Ringwood East
1 Laurence Gr, Ringwood East is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2024. The property has a land size of 151m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (May 2023)
The hard legal groundwork has been laid with approved plans and permit for 18 apartments on this magnificent 1171sqms (approx.) site in the lifestyle hub behind village shops, cafs and the Ringwood East train station.
Quality design by ZAI Building and Urban Designer, with a mix of 1, 2, 3-bedroom designs opens up huge opportunity to an astute investor wanting to capitalize on this vibrant pocket in the leafy outer east: close to shopping, dining and entertainment at Eastland, beautiful walking tracks at Ringwood Lake, public and private hospitals and zoned for popular Eastwood Primary which ranked in the top 25 primary schools for academic performance and Ringwood Secondary College which is among Melbourne's top 200 schools for VCE scores.
With rising demand from first home buyers, investors and downsizers, this is development gold ready for the next exciting steps to success: off-the-plan selling, construction, and ultimately reaping the financial rewards of building 18 boutique mid-rise apartments on this spectacular north facing corner.
Property History for 1 Laurence Gr, Ringwood East, VIC 3135
- 19 Apr 2023Listed for Sale $1,790,000
- 01 Apr 2022Sold for $1,750,000
- 12 Feb 2022Listed for Sale $1,790,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/ogi3po56rui6nf6ypf3tde2cnu?signature=2459d09ddebb5e61f27856196958fc08bdbc24c8665bd2836ebb42d1a718e4da){kind=logo}
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 5,489 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.
Suburb Insights for Ringwood East 3135
Market Insights
Ringwood East Trends for Houses
N/A
N/A
View TrendN/A
N/A
Ringwood East Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
