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Sold on 09 Jul 2024 for $1,120,000

41 Hume Street
Ringwood East VIC 3135

Bedrooms: 6
Bathrooms: 2
Car spaces: 5
Land area: 943m2
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Property Details for 41 Hume St, Ringwood East

41 Hume St, Ringwood East is a 6 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 943m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Ringwood East in the last 12 months.

Building Type
House
Land Size
943m2

Last Listing description (July 2024)

Peacefully poised park-side in the coveted Tintern precinct, a unique dual-occupancy opportunity exists. Introducing a property that is ideal for the multi-generational family or savvy investor seeking profitable rental advantages.

Sited on a spacious block spanning approximately 943sqm, a large brick residence beckons, housing two units beneath a single roofline.

Presenting a plethora of options to the future buyer, the units can be occupied as is, suitable for blended or extended family, or rented out to tenants. Alternatively, the residence can be restored to its original layout, perfect for a large family.

Both units have a spacious living room, modern kitchen with meals area, three bedrooms, a bathroom, laundry, heating, cooling and ample storage. Each unit is equipped with individual electricity and gas meters, along with private outdoor spaces. The front unit features a paved courtyard, while the rear unit boasts a large backyard with a paved area and a park-facing balcony.

Beneath the residence lies the potential to fashion an expansive, multifunctional space capable of accommodating a myriad of purposes.

A single and a tandem carport runs alongside the residence and there is an open parking area that could accommodate two more vehicles.

Presenting endless possibilities for customisation and profitability, this property is an ideal investment for those seeking versatile living arrangements or lucrative rental income streams.

It is located within close proximity to Gracedale Park, Tarralla Creek Trail and Kindergarten, Tintern Grammar, Tinternvale and Heathmont East Primary Schools, the vibrant shopping villages and train stations of Ringwood East and Heathmont, Eastland shopping centre and EastLink.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 41 Hume St, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$1,120,000
09 Jul 2024
Listed for Rent
$320/w
13 May 2014
  • 09 Jul 2024
    Sold for $1,120,000
  • 08 May 2024
    Listed for Sale $1,090,000 - $1,150,000
  • 13 May 2014
    Listed for Rent $320 / 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.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Ringwood east.

Suburb Insights for Ringwood East 3135

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Ryan Evans
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Lisa Sorrell
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Noel Jones Ringwood and Croydon
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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.