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.
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!
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 5,496 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:
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