24 Nicholson StreetRingwood East VIC 3135
Property Details for 24 Nicholson St, Ringwood East
Last Listing description (December 2022)
This is a rare opportunity to buy such a big block of land - Maybe the biggest in Ringwood East,
The whole area is approx, 1,480sqm with an old house (which needs to be demolished) within close proximity to Eastland Shopping Centre, Costco Eastland, local shops, Ringwood East Primary School, Ringwood High School, Aquinas College and Tintern Grammar, Ringwood Lake Park and Entrance to Eastlink and Ringwood Bypass.
This land can be a multi-unit site (Subject to Council Approval) and can suit an astute builder or developer willing to reap the rewards.
Not to be missed!
For more information and inspection call Aurther Tsaknias on 0407 552 403
Property History for 24 Nicholson St, Ringwood East, VIC 3135
- 30 Aug 2022Sold for $750,000
- 20 Jul 2022Listed for Sale $800,000 - $850,000
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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 5,493 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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