11 Velma GroveRingwood East VIC 3135
Property Details for 11 Velma Gr, Ringwood East
11 Velma Gr, 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 848m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
Last Listing description (May 2013)
PRIORITY SALE Closing Tuesday the 4th June at 5pm unless sold prior.
Set on a generous 850SQM(approx) block, this stately home presents a wonderful opportunity for first home buyers, families or investors. With a practical floorplan designed for functionality and comfort, it features three bedrooms, central bathroom and a spacious lounge capped off by covered decking showcasing impressive views of the area and a bungalow offering great potential as a granny flat. With plenty of space for the whole family, it also includes:
*Ample cupboard space
*GDH, wood fire & split system heat/AC
*Carport; Bungalow; Covered decking
*Near to parks & schools incl Ringwood Secondary
*Easy access to Eastlink, Eastland & Maroondah Hospital
Property History for 11 Velma Gr, Ringwood East, VIC 3135
- 18 May 2013Sold for $447,500
- 06 May 2013Listed for Sale Above $410,000
- 21 Nov 2007Sold for $402,000
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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 5,491 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.
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