SOLD
Sold on 05 Jun 2024 for $915,000

18 Heape Way
Ringwood North VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 665m2
Sold By
First National Real Estate Hall & Partners
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Property Details for 18 Heape Way, Ringwood North

18 Heape Way, Ringwood North is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 665m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Ringwood North in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
105m2
Land Size
665m2
Local Government
Maroondah
Lot/Plan
128/LP131830

Last Listing description (September 2024)

First Home Buyers & Investors - This one is for you! Seize the rare opportunity to own a property in one of Ringwood North's most desirable, mature neighborhoods. This gem boasts quality housing and a tranquil atmosphere, making it the perfect place to call home.

Situated on a generous corner block spanning 666m2, the existing home features 3 bedrooms, a comfortable living zone with low Maintenace timber flooring, and a split system for year-round comfort. Currently occupied by tenants at $440 per week, but vacant possession can be arranged.

The most significant asset of this property is its Endorsed Plan for two freestanding homes, offering the freedom of independence on a corner block.

Whether you are looking subdivide, renovate, move in or invest, the opportunity to secure this well-constructed home should be on your priority list, this property has endless potential.

Not to be overlooked is its exceptional location, close to the local North Ringwood Shopping Precinct, Eastland Shopping Centre, Eastlink, and an abundance of parks and reserves. Don't miss out on this rare opportunity to secure your piece of paradise in Ringwood North!

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 18 Heape Way, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$915,000
05 Jun 2024
Listed for Rent
$570/w
21 Aug 2024
  • 05 Aug 2024
    Listed for Rent $570 / week
  • 05 Jun 2024
    Sold for $915,000
  • 08 Apr 2024
    Listed for Sale Not Disclosed
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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 3,996 properties. Over the last 5 years, Houses in Ringwood North have seen a 33.74% increase in median value, while Units have seen a 21.32% increase. As at 31 October 2024:

  • The median value for Houses in Ringwood North is $1,260,930 while the median value for Units is $828,235.
  • Houses have a median rent of $620 while Units have a median rent of $595.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 133 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.