4/63 Patterson StreetRingwood East VIC 3135
Property Details for 4/63 Patterson St, Ringwood East
4/63 Patterson St, Ringwood East is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 187m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
AUCTION THIS SATURDAY AT 3PM
Are you in search of a property with boundless potential and the chance to turn it into your dream home? Look no further! Nestled in the heart of Ringwood East, this 2-bedroom, 1-bathroom unit with a garage awaits a new owner to breathe life back into it.
This original gem offers a fantastic canvas for those with a vision to create their ideal living space. The well-designed floorplan ensures maximum use of space and allows for creative customization. Imagine the possibilities - transform this property into a modern masterpiece that suits your lifestyle!
Convenience is at your doorstep with Ringwood East's vibrant community and amenities. Close to local schools, shops, cafes, Ringwood East train station and parks, you'll enjoy the benefits of suburban living while still having easy access to major transport routes. The Eastern Freeway is just a short drive away, making your daily commute a breeze.
Investors, this property presents a golden opportunity to add value and secure a solid rental income. Its prime location and desirable features will make it a sought-after rental property in no time.
For first-time homebuyers and renovators, this is your chance to enter the property market and create a home tailored to your preferences. The spacious land allotment provides room for outdoor improvements or landscaping dreams.
Don't miss your chance to secure this fantastic property in Ringwood East and unlock the potential within these walls.
Property History for 4/63 Patterson St, Ringwood East, VIC 3135
- 14 Oct 2023Sold for $545,000
- 20 Sep 2023Listed for Sale $500,000 - $550,000
- 28 Oct 2022Listed for Rent $345 / 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 5,493 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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