SOLD
Sold on 20 Feb 2024 for $925,000

3 Finlayson Street
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 846m2
Sold By
John Stack
Jellis Craig Whitehorse
Tynan Carr
Jellis Craig Whitehorse
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Property Details for 3 Finlayson St, Ringwood East

3 Finlayson St, Ringwood East is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1954. The property has a land size of 846m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Ringwood East in the last 12 months.

Building Type
House
Year Built
1954
Floor Size
138m2
Land Size
846m2
Local Government
Maroondah
Lot/Plan
38/LP28047

Last Listing description (March 2024)

This grand weatherboard with exquisite art deco features is ripe with opportunity and is positioned in one of Ringwood East's most sought after locations.

A very flexible floorplan, the home is perfect for growing families, investors and those looking to take advantage of the sizeable allotment. Offering three generous bedrooms off a grand hallway, multiple living areas, north facing outdoor entertaining overlooking a spacious backyard as well as abundant car accommodation, this home is waiting for its next chapter.

Occupying an 846m2 (approx.) block and located in Neighbourhood Residential Zone - Schedule 3 (NRZ3), there's also development potential (subject to council approval). Enjoy a brief stroll to Gracedale Park with playground, Wombolano Park, Tarralla Creek trail, Tinternvale Primary School, Heathmont East Primary School, Tintern Grammar, as well as being just a short drive from Ringwood East Railway Station, Heathmont Village, Ringwood East Village, Eastwood Primary School, Our Lady of Perpetual Help Primary School, Aquinas College, EastLink freeway, bicycle tracks and Aquanation.

Property History for 3 Finlayson St, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$925,000
20 Feb 2024
Listed for Rent
$490/w
11 Feb 2022
  • 20 Feb 2024
    Sold for $925,000
  • 06 Sep 2023
    Listed for Sale $880,000- $950,000
  • 12 Jan 2022
    Listed for Rent $490 / week
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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 5,496 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 17 properties listed for sale, and 8 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 216 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.