20 Velma Gr, Ringwood East is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 833m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Proudly perched on approximately 832sqm capturing sweeping views into the distance, this flexible four bedroom plus study property possesses substantial space and car parking; the ideal configuration to create dual living plus the potential for dream home redevelopment (STCA).
Conveniently located, it is a short walk to Maroondah Preschool, Maroondah Hospital and medical suites, bus stops and strip shops. Only a few minutes' commute to parks, schools, Croydon and Ringwood East's shopping precincts and train stations, Eastland and the EastLink freeway.
- Set beyond secure gates, you are introduced to the property via an abundance of vehicle parking; including an open two car gravel area and dual double lock-up garages
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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