OFF MARKET

20 Velma Grove
Ringwood East VIC 3135

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Land area: 833m2
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Property Details for 20 Velma Gr, Ringwood East

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.

Building Type
House
Year Built
1970
Land Size
833m2
Local Government
Maroondah
Lot/Plan
38/LP11645

Last Listing description (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

- A staircase guides you up to a covered front patio where the property's views can be fully appreciated
- Inside, tall ceilings and radiant natural sunlight highlight a spacious lounge room
- An updated kitchen with meals area occupies the heart of the home; containing 2-pac wrap cabinetry, granite benches, 900mm dual fuel cooker and rangehood, Fisher & Paykel DishDrawer washer plus an included plumbed-in fridge
- Two additional living zones with walk-in or overhead storage provide more space for the family to relax or dine and are accompanied by a laundry with a toilet and provision for a shower
- An enclosed alfresco complements the zones; offering effortless year-round entertaining
- Four good-size bedrooms with built-in wardrobes plus a study are serviced by a timber-lined bathroom with a regular bathtub, a shower over spa bath and a second toilet
- The master suite boasts its own private retreat with front patio access
- Outside, the secure backyard offers ample room for young children and pets to play
- Enriched with a great list of extras, the property comes complete with ducted heating, air conditioning, CCTV, two tin sheds plus generous under-deck storage

Property History for 20 Velma Gr, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$865,000
23 May 2021
  • 23 May 2021
    Sold for $865,000
  • 28 Apr 2021
    Listed for Sale $790,000 - $869,000
  • 20 Apr 1996
    Sold for $91,000
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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.

Suburb Insights for Ringwood East 3135

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.