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.
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.
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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