SOLD
RECENT ADVICE
Sold on 25 Nov 2023 for $950,000

16 Panorama Avenue
Ringwood North VIC 3134

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 879m2
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Property Details for 16 Panorama Ave, Ringwood North

16 Panorama Ave, Ringwood North is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 879m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Ringwood North in the last 12 months.

Building Type
House
Land Size
879m2
Local Government
Maroondah
Lot/Plan
1/TP333336

Last Listing description (November 2023)

Private in its position, substantial in its proportions and possessing prime Loughnan Hill placement with spectacular panoramas, this five-bedroom residence on approximately 879sqm is a fabulous family acquisition with exciting renovation or rebuild potential (STCA).

In need of some TLC, the property discreetly set down from the avenue, with full-frontal views of the Mount Dandenong Ranges, the Mediterranean style residence stands as a testament to clever design, flaunting a layout that favours multi-generational families.

Multiple balconies and terraces wrap around its exterior, allowing you to fully immerse yourself in the atmosphere.

Inside, its retro originality, complete with exposed brickwork and beams, can be appreciated or enhanced to your liking.

The first floor comprises a large, light-filled lounge and dining room, a fully equipped kitchen with accompanying built-in drinks cabinetry, three bedrooms and two bathrooms, including the master suite, which boasts extensive wardrobe storage and an ensuite.

The ground floor features a rumpus with a built-in wet bar and stove, two bedrooms, bathroom, a walk-in storage cupboard and backyard access.

Outside, two courtyards adjoin a large inground swimming pool, providing plenty of room for entertaining.

Complete with ducted heating, split system air conditioning, generous storage and open parking, this property has everything a family could need to live comfortably, whilst boasting the scope and dimensions for revitalisation or new home redevelopment (STCA).

A convenient location cements the property's immense allure, situated within walking distance to bus stops, reserves, strip shops, Pinemont Pre-School and Ringwood Heights Primary School. It's also only a few minutes' commute to quality secondary colleges, Eastland, EastLink and Ringwood Train Station.

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 the information contained herein.

Property History for 16 Panorama Ave, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$950,000
25 Nov 2023
  • 25 Nov 2023
    Sold for $950,000
  • 02 Nov 2023
    Listed for Sale $770,000 - $840,000
  • 21 Oct 2000
    Sold for $326,000
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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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Ben Hollow
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George Brown
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Noel Jones Ringwood and Croydon
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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.