OFF MARKET

40 Eastfield Road
Ringwood East VIC 3135

Bedrooms: 8
Bathrooms: 6
Car spaces: 1
Floor area: 413m2
Land area: 845m2
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Last updated 30 Sep 2024
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Property Details for 40 Eastfield Rd, Ringwood East

40 Eastfield Rd, Ringwood East is a 8 bedroom, 6 bathroom Townhouse with 1 parking spaces and was built in 2024. The property has a land size of 845m2 and floor size of 413m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Townhouse
Year Built
2024
Floor Size
413m2
Land Size
845m2
Local Government
Maroondah
Lot/Plan
1/TP550594

Last Listing description (December 2020)

This Auction is an Online Auction - you can now Watch, Bid and Buy online at this auction via the Anywhere Auctions website or app.
https://anywhereauctions.com.au/app/property?propertyId=8246

Explore the possibilities and capitalise on the enormous potential this exclusively addressed property has to offer. Measuring 845sqm (approx.), the generous, north-facing flat block has wide frontage, excellent depth and NRZ3 zoning, making it ideal for a new home build or multi-unit development (subject to council approval). The existing residence presents an exceptional opportunity to transform into a superb family abode as the foundation is likely to adhere to a creative makeover. Spacious interiors encompass a large lounge, kitchen and meals domain, central bathroom with separate WC and three robed bedrooms. An undercover deck, garage and workshop offer further conveniences. Buyers may also consider building new at the rear (STCA) or enjoying excellent long-term investment returns. Ringwood East Train Station, shops and schools are all within walking distance, while Maroondah Hospital, Eastland and EastLink are nearby.

***PhilipWebb Real Estate Coronavirus Update***

The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes:

Open for inspections are now permitted
The maximum number of people that may attend is subject to density quotient: one person per two sqm rule applies
Maximum number of people includes all individuals present i.e. owners, residents and PhilipWebb staff. Infants under one year of age are not included
Your contact details must be provided to PhilipWebb staff
Please maintain safe social distancing of 1.5m from anyone in attendance
Avoid touching surfaces including fittings and fixtures within the property
Hand sanitiser is provided

We kindly ask that you refrain from attending an inspection if you:

Are experiencing flu-like symptoms
Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus
Have recently travelled overseas or have been in direct contact with someone who has

Property History for 40 Eastfield Rd, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$815,000
10 Dec 2020
Listed for Rent
$340/w
03 Apr 2020
  • 10 Dec 2020
    Sold for $815,000
  • 12 Nov 2020
    Listed for Sale $750,000 - $800,000
  • 26 Mar 2020
    Listed for Rent $340 / 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 5,428 properties. Over the last 5 years, Houses in Ringwood East have seen a 26.51% increase in median value, while Units have seen a 20.23% increase. As at 31 August 2024:

  • The median value for Houses in Ringwood East is $1,036,657 while the median value for Units is $700,866.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 224 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.