SOLD
Sold on 27 Apr 2024 for $950,000

5 Pinewood Avenue
Ringwood East VIC 3135

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 1120m2
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Property Details for 5 Pinewood Ave, Ringwood East

5 Pinewood Ave, Ringwood East is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1969. The property has a land size of 1120m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Ringwood East in the last 12 months.

Building Type
House
Year Built
1969
Land Size
1120m2
Local Government
Maroondah
Lot/Plan
20/LP26856

Last Listing description (June 2024)

Presenting an exceptional opportunity for families looking to enter a highly sought-after neighbourhood, this generous residence offers a thrilling array of future possibilities. Positioned on an expansive 1120sqm block with a sought-after wide 26.72m street frontage, and backing directly onto lush Wombolano Park bushland with private gated access, the home offers exciting scope for renovations, or for those looking to redevelop or build a brand new dream family home (STCA).
Situated within walking distance of Tintern Grammar, Gracedale Park, buses and Tarralla Creek Trail, and zoned for both Ringwood Secondary College and Heathmont East Primary School, the home is also just moments from Heathmont Station and Heathmont village shopping, Ringwood East Station and Railway Avenue shops and cafes, Ringwood Lake Park and Eastland Shopping Centre.
A spacious light-filled living room includes an open fireplace, with a full wall of floor-to-ceiling windows overlooking lush private gardens. Adjacent to the living area, a sundrenched north facing timber deck is ideally laid out for relaxed outdoor entertaining. At the rear, an immense second living room offers ample additional space for growing families, and flows out to a private backyard with gated access to Wombolano Park.

The large central kitchen includes a freestanding stainless steel oven and gas cooktop, a dishwasher, good inbuilt storage, and a breakfast bar for casual meals.
The home features four large bedrooms, each equipped with built-in or walk-in wardrobes, with two bedrooms also offering direct access to a shared central ensuite. An airy skylit family bathroom includes a corner spa bathtub and a separate W/C, and is complemented by a full laundry with direct outdoor access. Positioned at the entry, a private office is ideal for those working from home.

Featuring floating timber floors, gas ducted heating, air conditioning and secure keyless entry, the home also includes both a double carport and an additional large lock-up garage with substantial workshop space.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property History for 5 Pinewood Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$950,000
27 Apr 2024
Listed for Rent
$500/w
17 Jan 2018
  • 27 Apr 2024
    Sold for $950,000
  • 03 Apr 2024
    Listed for Sale Contact Agent
  • 08 Jan 2018
    Listed for Rent $500 / 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 5,495 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 9 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.