OFF MARKET

12 Panorama Avenue
Ringwood North VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 161m2
Land area: 944m2
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Property Details for 12 Panorama Ave, Ringwood North

12 Panorama Ave, Ringwood North is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 944m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Floor Size
161m2
Land Size
944m2
Local Government
Maroondah
Lot/Plan
376/LP11392

Last Listing description (June 2023)

Bring this all-original property into a bright new future by undertaking this exceptional opportunity (STCA). By blending a classic weatherboard home on a compelling 944sqm (approx.) allotment in prime position, all the ingredients are here for a successful property venture.

The interior of this home could incorporate updates with ease. Featuring 2 generous living areas with large windows, a vintage kitchen with ample storage, spacious bedrooms, and a sizeable study, it is easy to see the promise this property provides. Add to this a double carport and large storeroom, and there are plenty of features that could help get this project underway.

Alternatively, a new development here would capitalise on this near quarter-acre block. Securing a spot in the coveted Ringwood Heights Primary School and Norwood Secondary College merely minutes from Eastland, Eastern Freeway, Ringwood Station, Mullum Mullum Reserve, and more, this is an exclusive offering in an exceptional location.

Simply bursting with potential, this property may be the moment you?ve been waiting for. Plan your inspection today.

Property History for 12 Panorama Ave, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$735,000
13 Jun 2023
  • 13 Jun 2023
    Sold for $735,000
  • 30 May 2023
    Listed for Sale $700,000 - $770,000
  • 20 Jun 1975
    Sold for $32,950

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About Ringwood North 3134

The size of Ringwood North is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.4% of total area. The population of Ringwood North in 2011 was 9,656 people. By 2016 the population was 9,823 showing a population growth of 1.7% in the area during that time. The predominant age group in Ringwood North is 50-59 years. Households in Ringwood North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood North work in a professional occupation. In 2011, 87% of the homes in Ringwood North were owner-occupied compared with 85.7% in 2016.

Ringwood North has 4,003 properties. Over the last 5 years, Houses in Ringwood North have seen a 37.72% increase in median value, while Units have seen a 21.44% increase. As at 31 July 2024:

  • The median value for Houses in Ringwood North is $1,264,796 while the median value for Units is $823,372.
  • Houses have a median rent of $610 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and no properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Ringwood north.

Suburb Insights for Ringwood North 3134

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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.