4/162-164 Railway Ave, Ringwood East is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 293m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
THE OFFER
Resting at the rear of a private residency, this promising single level unit flaunts family-sized dimensions certain to appease a wide range of buyers. Space comes with abundance in the welcoming living & dining domain which leads you to a gourmet kitchen complete with meals area. The generous backyard offers the perfect picturesque as northern sunlight filters in day round and the combination of lush turf & teeming tree life harmoniously creates the perfect play space for kids and pets to play for years to come. Providing ample accommodation are two spacious bedrooms complete with built-in wardrobes and two bathrooms. Live in the home right away with the potential to further add value down the track.
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:
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