SOLD
Sold on 10 Apr 2024 for $1,000,000

2/2A Braeside Avenue
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 246m2
Sold By
Hoskins Donvale
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Property Details for 2/2a Braeside Ave, Ringwood East

2/2a Braeside Ave, Ringwood East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 246m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Ringwood East in the last 12 months.

Building Type
Unit
Year Built
2018
Land Size
246m2
Local Government
Maroondah
Lot/Plan
2/PS817971

Last Listing description (March 2017)

Ringwood is the major activity hub of Melbourne's outer east, and this is your chance to get a piece of the action! Astute investors and developers will recognize the potential for multiple town home development (STCA) on this impressive 1246sqm (approx.) allotment with all the benefits of a superb location in a general residential zoning. The present dwelling comprises a 3BR home with functional kitchen and bathrooms. With an easy walk to Eastland Shopping Centre, train station and Costco. Ringwood enables easy access to the CBD in 25 minutes via Eastlink, or 35 minutes by train. Ringwood also features many reputable schools (Yarra Valley Grammar, Tintern, Southwood, Ringwood Secondary College, Norwood Collage and Aquinas College) and excellent recreational facilities including bike trails, lake, bushland reserves, and Aqualink making it a prized location for the astute buyer. With Ringwood has transformed itself into a vibrant and thriving precinct, here's your chance to jump on board and reap the benefits!

Property History for 2/2a Braeside Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$1,000,000
10 Apr 2024
  • 10 Apr 2024
    Sold for $1,000,000
  • 22 Aug 2018
    Sold for $840,000
  • 24 Feb 2016
    Listed for Sale Contact Agent

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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 5,425 properties. Over the last 5 years, Houses in Ringwood East have seen a 25.71% increase in median value, while Units have seen a 19.01% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood East is $1,024,046 while the median value for Units is $671,514.
  • Houses have a median rent of $575 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 224 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.