OFF MARKET

8 Pinewood Avenue
Ringwood East VIC 3135

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 911m2
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Property Details for 8 Pinewood Ave, Ringwood East

8 Pinewood Ave, Ringwood East is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1957. The property has a land size of 911m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1957
Floor Size
157m2
Land Size
911m2
Local Government
Maroondah
Lot/Plan
55/LP26856

Last Listing description (October 2019)

Imagine the possibilities that could be realised with this modest weatherboard home, resting on an enormous 911sqm approx. of land in a sought-after pocket. The home has been held by the same family since it was built in 1957, featuring a comfortable lounge and separate dining room, accompanied by a practical kitchen with electric cooking appliances. There are two bedrooms, serviced by a central bathroom and toilet. There's also a lower-level one-bedroom studio with a living room, kitchenette, bathroom and a separate entrance, making it ideal for teenagers, guests or as an additional source of rental income. Outdoors, a huge backyard and elevated covered deck offer breathtaking views of the Dandenong Ranges. Destined for greatness, there's unlimited potential to renovate/extend, design or build your dream home in this wonderful neighbourhood, metres from Wombolano Park and just minutes from Heathmont Village and Train Station. It's within easy reach of Heathmont East Primary School, Tintern Grammar, Eastland Shopping Centre and Eastlink. Highlights include solar electricity, wood fire heater, split system air conditioning, outdoor awnings, storage sheds and a lock-up garage.

Property History for 8 Pinewood Ave, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$793,000
11 Oct 2019
  • 11 Oct 2019
    Sold for $793,000
  • 16 Sep 2019
    Listed for Sale $740,000 - $790,000
  • 25 Jan 2016
    Transferred

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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 5,492 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 15 properties listed for sale, and 3 properties listed for rent in Ringwood east on OnTheHouse. According to CoreLogic's data, 211 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.