OFF MARKET

5 Merrilong Street
Ringwood East VIC 3135

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 146m2
Land area: 1377m2
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Last updated 14 Oct 2024
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Property Details for 5 Merrilong St, Ringwood East

5 Merrilong St, Ringwood East is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1377m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1960
Floor Size
146m2
Land Size
1377m2
Local Government
Maroondah
Lot/Plan
7/LP41448

Last Listing description (November 2020)

On-site and online auction
Anywhere Auctions register to bid via link below

https://anywhereauctions.com.au/app/property?propertyId=8066

Secure the cream of the crop in Ringwood Easts most coveted pocket. This sprawling 1381sqm (approx.) site houses an original four-bedroom weatherboard and offers multiple avenues for the astute purchaser to explore. Amongst beautifully established gardens, the existing home is ideal to renovate or rent out, featuring dual living plus a study, central kitchen and a family bathroom with separate WC. Alternatively, buyers may consider repurposing the generously-sized block with a multi-unit development (subject to council approval). Desirably located on the high side of the street, this outstanding opportunity is just steps from Eastwood Primary School and Tintern Grammar, with prized zoning for Ringwood Secondary College. Ringwood East Station and Shopping Village are also within easy walking distance, while Eastland, EastLink and Costco are convenient.

***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 as we navigate the current Coronavirus (COVID-19) situation.

Inspections are strictly by appointment only. Please register your contact details to arrange a private inspection with the listing agent
Up to 10 people from any number of households may attend
Please maintain safe social distancing of 1.5m from anyone in attendance including PhilipWebb staff
Face masks must be worn at all times
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

Were all in this together and we thank you for your understanding.

Property History for 5 Merrilong St, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$1,340,000
20 Nov 2020
Listed for Rent
$430/w
20 Jun 2014
  • 20 Nov 2020
    Sold for $1,340,000
  • 05 Nov 2020
    Listed for Sale $1,250,000 - $1,375,000
  • 14 May 2014
    Listed for Rent $430 / 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 5,416 properties. Over the last 5 years, Houses in Ringwood East have seen a 24.78% increase in median value, while Units have seen a 15.63% increase. As at 30 September 2024:

  • The median value for Houses in Ringwood East is $1,027,458 while the median value for Units is $700,400.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 217 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.