2 Talofa AvenueRingwood East VIC 3135
Property Details for 2 Talofa Ave, Ringwood East
2 Talofa Ave, Ringwood East is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 687m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Boasting a coveted corner setting with the benefit of two street frontages, a perfect park-side position and a substantial allotment measuring 686 square metres (approximate title measurements), this real estate offering could very well be the dream development opportunity you've been looking for.
The 3-bedroom, 2-bathroom home currently occupying the block is in need of extensive renovation to meet today's modern living requirements. You might be inspired to pull up your sleeves and take on the challenge. However, it's clear to see that this prime location would be far better suited to a brand-new luxury family home with all the bells and whistles, or alternatively, the development of a pair of cutting-edge townhouses, both concepts obviously subject to the necessary approval from council.
The existing residence comprises of a large lounge room, family room and two kitchens enabling the rear half of the house to be closed off and separated into two self-contained units - a strategy that would certainly ensure a steady rental stream as you go about attaining approved plans and permits for your visionary creation.
This first-class locale in one of the best pockets in Ringwood East is directly opposite Knaith Road Reserve, within walking distance to Ringwood East Station, buses, Ringwood East Village, Eastwood Primary, Ringwood Secondary and Tintern Grammar, and close to Eastland and Eastlink.
On Site Auction Saturday 24th of April at 2:30pm
To view the Statement of Information and use the link below:
https://drive.google.com/drive/folders/1thUjIiwqMciGYmS426vaFrxzcCJC_pe_?usp=sharing
Property History for 2 Talofa Ave, Ringwood East, VIC 3135
- 24 Apr 2021Sold for $1,124,000
- 30 Mar 2021Listed for Sale Auction ($850,000 - $935,000)
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0About 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.
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