3 Marwarra StreetRingwood East VIC 3135
Property Details for 3 Marwarra St, Ringwood East
3 Marwarra St, Ringwood East is a 5 bedroom, 4 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 793m2 and floor size of 409m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (August 2022)
In one of the finest eastern suburban locations you'll find, we present one of the best real estate opportunities money can buy, set in the prized Ringwood Secondary College zone.
Ripe for redevelopment, the site, which currently comprises an original residence, can be cleared to make way for a new townhouse site (STCA) that will fit in seamlessly within the ever-evolving neighbourhood landscape.
3 Marwarra Street has three bedrooms, one bathroom, a garage and 803sqm of land (approx.).
The home is currently leased out and bringing in income, which is perfect while you make the appropriate plans and permit arrangements for the site.
There is also the opportunity to buy both 1 and 3 Marwarra Street, totalling 1815sqm (approx). Contact the listing agent to discuss this option.
Boasting a prime location behind Bedford Road shops and cafes, the property is a short walk to bus stops, Ringwood Lake, Ringwood and Ringwood East Train Stations, Eastland Shopping Centre and excellent schools such as Eastwood, Great Ryrie and Our Lady of Perpetual Help Primary Schools, Ringwood and Aquinas Colleges. It is also minutes from Aquanation and the EastLink freeway.
Noel Jones Real Estate has taken every precaution to establish the accuracy of this information however shall in no event accept liability for loss or damage suffered by a third-party. People must make their own enquiries as to its accuracy.
Property History for 3 Marwarra St, Ringwood East, VIC 3135
- 10 Feb 2022Sold for $1,075,000
- 19 Nov 2021Listed for Sale $1,100,000
- 16 Oct 2019Listed for Rent $360 / week
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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 5,495 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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