8/3-5 Federal Rd, Ringwood East is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 211m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Here is an exciting chance to enter the real estate market, or start your new project with this two bedroom unit.
It is an outstanding opportunity on a secure block, situated within a 5 minute walk to Ringwood East Railway Station and local shopping. It is also in close proximity to Eastland shopping centre, Eastlink freeway, a variety of cafes and restaurants and reputable schools.
Surrounded by established gardens and homes in a lovely street, the unbeatable lifestyle and strong investment fundamentals are all present in this unique offering.
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 all the information contained herein.
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 5,491 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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