OFF MARKET

1 Marwarra Street
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 1012m2
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Property Details for 1 Marwarra St, Ringwood East

1 Marwarra St, Ringwood East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1012m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1960
Floor Size
112m2
Land Size
1012m2
Local Government
Maroondah
Lot/Plan
8/LP17251

Last Listing description (September 2024)

Boasting an expansive level block of rare dimensions, this immense allotment spans 1012sqm with a sought-after 25.15m street frontage. Presenting an exceptional opportunity for those looking to redevelop as a multi dwelling site, or to build a brand new dream family home with an impressively generous backyard (STCA), the block currently includes an original single level three bedroom home with strong scope for rental during a plans and permits phase.

Enviably positioned mere metres from popular Bedford Road shops and cafes, and just a stroll from buses, Ringwood Secondary College and Illoura Avenue Playground, the location is also set within walking distance of Ringwood Station, Railway Avenue village shopping, Wombolano Park, Ringwood Lake Park and Eastland Shopping Centre. EastLink is set moments away for seamless city access, while the block is also close to Tintern Grammar, Eastwood Primary School and the Heathmont shopping precinct.

Surrounded by colourful established gardens and sprawling family-friendly lawn, the existing home features high ceilings with ornamental picture rails, split system air conditioning and heating, an open plan living and dining area, a spacious kitchen with meals area, three bedrooms, a central bathroom with a separate W/C, and a laundry with outdoor access. The home also includes a single carport, a large powered workshop / bungalow, and ample additional off-street parking.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property History for 1 Marwarra St, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$1,308,000
18 Oct 2017
Listed for Rent
$360/w
11 May 2020
  • 26 Aug 2024
    Listed for Sale Contact Agent
  • 23 Jun 2021
    Listed for Sale Contact Agent
  • 03 Apr 2020
    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 5,493 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 18 properties listed for sale, and 6 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Ringwood east.

Suburb Insights for Ringwood East 3135

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.