OFF MARKET

130 Railway Avenue
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 836m2
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Property Details for 130 Railway Ave, Ringwood East

130 Railway Ave, Ringwood East is a 3 bedroom, 1 bathroom House and was built in 1934. The property has a land size of 836m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2011.

Building Type
House
Year Built
1934
Floor Size
100m2
Land Size
836m2
Local Government
Maroondah
Lot/Plan
69/LP10551

Last Listing description (May 2024)

Unique Ringwood East Investment Prospect Approved Exceptional Development Site Prime Inner East Locale. Ray White is pleased to present an exclusive opportunity for Auction at 130 Railway Ave Ringwood East - an upscale apartment development prospect strategically positioned for convenient access to a wealth of retail and lifestyle amenities.

Highlighted features of the property encompass:
- Approximately 836m2 of land, mere minutes from Eastland shopping center.

- A generous 18.2 meters* of frontage along Railway Ave.
- Approved permits for the construction of 13 luxury apartments.
- Thoughtfully designed plans featuring 12 two-bedroom and 1 one-bedroom apartments.

Property History for 130 Railway Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$527,500
25 Jan 2011
Listed for Rent
$280/w
23 Jan 2009
  • 31 Jan 2024
    Listed for Sale $1,200,000 - $1,300,000
  • 13 Dec 2022
    Listed for Sale POA
  • 02 Jun 2022
    Listed for Sale Expression of Interest. Open to negotiation
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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 5,489 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.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 213 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.