OFF MARKET

5/27 Railway Avenue
Ringwood East VIC 3135

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 160m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5/27 Railway Ave, Ringwood East

5/27 Railway Ave, Ringwood East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 160m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1997
Floor Size
100m2
Land Size
160m2
Local Government
Maroondah
Lot/Plan
5/SP34906

Last Listing description (October 2020)

The attraction is immediate, nestled in a lovely peaceful setting, as you walk down the driveway the garden provides a delightful welcome to this charming and light infused unit. Picturesque to look at, inside the appeal continues. Relax in the spacious living room and the well equipped kitchen adjoins the dining area overlooking the front garden vista. It provides two robed bedrooms and two-way bathroom arrangement. An easy to maintain private courtyard completes the property. Brimming with quality features offering year round comfort, they include ducted refrigerated air-conditioning, gas ducted heating, stainless steel dishwasher, roller shutters on all external windows, three of which are motorised and the convenience of a remote control garage with internal access. Location attractions include a quiet street location near the Mullum Mullum Trail, 5 minute walk to Ringwood East train station, village shopping and Ringwood Lake, close to local schools, Eastland, short commute to Maroondah Hospital and Eastlink. Certainly first home seekers, couples, downsizers and investors will be drawn to this villa unit, inspection is a high priority.

Property History for 5/27 Railway Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$475,000
07 Nov 2015
Listed for Rent
$320/w
25 Apr 2014
  • 07 Nov 2015
    Sold for $475,000
  • 09 Oct 2015
    Listed for Sale In Excess of $420,000
  • 18 Apr 2014
    Listed for Rent $330 / week
Sign in to see more transactions

Commute Calculator

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 5,495 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.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Ringwood east.

Suburb Insights for Ringwood East 3135

Market Insights
Ringwood East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ringwood East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.