SOLD
Sold on 20 Jun 2024 for $1,120,000

18 Loughnan Road
Ringwood North VIC 3134

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 989m2
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Property Details for 18 Loughnan Rd, Ringwood North

18 Loughnan Rd, Ringwood North is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 989m2. 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
Land Size
989m2
Local Government
Maroondah
Lot/Plan
2/LP92698

Last Listing description (June 2024)

UNDER OFFER!

Attention Developers!

High Traffic Location Available!

Perfect for Super Clinic or Child Minding Centre (STCA)

This bustling spot is your gateway to success! With its high traffic, it's an ideal location for your business dreams to flourish.

Features:
High Traffic Area
Potential for Super Clinic/Child Minding Centre (Subject To Council Approval)
Strategic Location for Maximum Visibility

Whether you're envisioning a state-of-the-art clinic or a nurturing haven for little ones, this space holds boundless potential.

Don't miss out on this incredible opportunity! Contact us today to secure your future success!

Potential for Development:
Beyond its current appeal as a family home, 18 Loughnan Rd presents an exciting opportunity for development. With its generous land size and favourable zoning, there's potential for townhouse development or other property ventures. Notably, the property comes with a building permit for the construction of three townhouses, pending renewal, adding to its appeal for investors or those looking to capitalize on the burgeoning real estate market in Ringwood North.

Key Features:
- Spacious Living Areas: Step into the light-filled living spaces, thoughtfully designed to offer both functionality and comfort. The open-plan layout seamlessly integrates the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertainment.

- Gourmet Kitchen: The heart of the home, the gourmet kitchen is a functional space, featuring ample cabinetry and practical layout. It offers everything you need to whip up delicious meals and entertain guests with ease.

- Luxurious Bedrooms: Retreat to the private sanctuary of the bedrooms, where comfort is paramount. The master suite offers a peaceful escape, complete with a spacious layout and ample natural light.

- Outdoor Entertaining: Step outside to discover your own private oasis, where lush greenery and manicured gardens create a picturesque backdrop for outdoor gatherings. Whether you're hosting a barbecue with friends or enjoying a quiet evening under the stars, this outdoor space is sure to impress.

Nearby Amenities and Infrastructure:
- Schools: Ringwood North Primary School, Norwood Secondary College
- Shopping Centres: Eastland Shopping Centre, North Ringwood Shopping Centre, Eastfield Shopping Centre
- Public Transportation: Ringwood Train Station, Bus stops within walking distance
- Parks and Recreational Facilities: Mullum Mullum Creek Trail, Jubilee Park, BJ Hubbard Reserve
- Medical Facilities: Ringwood Private Hospital, Ringwood Medical Centre
- Dining and Entertainment: Various cafes, restaurants, Ringwood RSL and bars along Maroondah Highway and surrounding areas

SOLD NEED ANOTHER PROPERTY!
CALL COREY LE 0417 311 491!

Property History for 18 Loughnan Rd, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,120,000
20 Jun 2024
Listed for Rent
$400/w
28 Feb 2019
  • 20 Jun 2024
    Sold for $1,120,000
  • 09 Mar 2024
    Listed for Sale Contact Agent
  • 20 Apr 2018
    Listed for Rent - Price not available
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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 4,008 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 17 properties listed for sale, and 3 properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 143 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.