OFF MARKET

2/65 Bedford Road
Ringwood East VIC 3135

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 687m2
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Last updated 11 Nov 2024
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Property Details for 2/65 Bedford Rd, Ringwood East

2/65 Bedford Rd, Ringwood East is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 687m2 and floor size of 108m2.

Building Type
Unit
Year Built
2000
Floor Size
108m2
Land Size
687m2
Local Government
Maroondah

Last Listing description (November 2022)

This unique property presents an exciting opportunity for investors or developers looking for a lucrative option in a highly-coveted position within the Ringwood Secondary College zone and just steps from Bedford Road Village shops, Great Ryrie Primary School, Ringwood Station and Eastland.

Offering two dwellings that are to be purchased together, the 687 sqm (approx.) allotment begins with a classic weatherboard home. Set behind a picket fence and established gardens, the interiors feature high ceilings, ornate cornices and sash windows which are prominent in the light-filled lounge and dining zone.

A central kitchen is generously-proportioned and includes an electric freestanding oven, leading to a hallway that hosts 3 bedrooms, light and bright main bathroom, laundry and separate WC. An entertaining deck and low-maintenance courtyard enjoy sunny, north-facing environs. A double carport, outdoor blinds, heating and air-conditioning complete the first home.

The additional home is set peacefully behind the weatherboard property, featuring an open-plan living and dining area with adjoining kitchen that includes an electric oven with gas cooktop. 2 robed bedrooms reside near to the spacious bathroom that includes a bath, shower and WC. Entertain on the large deck that is set within an easy-care yard that incorporates a garden shed. Additional features include split-system heating/cooling and a double carport.

This opportunity provides many options for the astute buyer or investor. Complete minor contemporary updates for mutli-generational family living, cater for a home business, demolish and construct luxury townhouses (STCA) that better suit the needs of modern living or modernise one while you earn income from the other. Located close to EastLink, Aquinas College, Jubilee Park and Aquanation while in walking distance to Eastland shopping centre and Ringwood train station, the location is second-to-none.

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Property History for 2/65 Bedford Rd, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Listed for Rent
$390/w
28 Sep 2022
  • 20 Sep 2022
    Listed for Rent - Price not available
  • 23 Feb 2022
    Listed for Sale UNDER CONTRACT
  • 21 Aug 2021
    Listed for Rent $365 / week
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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 5,491 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.
There are currently 18 properties listed for sale, and 5 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.

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