2 Rotherwood Ave, Ringwood East is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 904m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
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This deluxe house + land package is in a prime location for families seeking that extra space to build their dream home. Not only does this property boast an expansive 904 sqm (approx.) allotment in a coveted corner position, it is also close to the highly regarded Tintern Grammar, East Heathmont Primary School, and 679 bus on Canterbury Road. You're set up for schooling success and convenience!
The existing house features spacious lounge and dining, 3 BIR bedrooms, and a carport with space for an additional carbut if you're an inspired developer, you can knock it all down, start anew, and make a personal statement. Build with the security of knowing that you'll never be overshadowed by multi-development.
In an established pocket of Ringwood East, walking distance to Womboland Park at the end of the street and close to Eastland, Coscto, Maroondah Hospital and more, it's an excellent investment and sure to be a head-turner!
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 5,424 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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