OFF MARKET

2/16 Derwent Street
Ringwood North VIC 3134

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 430m2
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Property Details for 2/16 Derwent St, Ringwood North

2/16 Derwent St, Ringwood North is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 430m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last transferred in February 2021.

Building Type
Unit
Year Built
2005
Floor Size
138m2
Land Size
430m2
Local Government
Maroondah
Lot/Plan
2/PS525389

Last Listing description (February 2014)

This magnificent single level home presents as
new. With only two on the block this low maintenance gem offers its own driveway. Approximately 10 years old, it is a so close to all the conveniences of central Ringwood and one you won't want to miss. Double garage, three bedrooms, two bathrooms, separate formal lounge room and state of the art modern kitchen adjoining meals area and family room. The exterior provides for a magnificent undercover outdoor entertainment area. Ducted heating and cooling throughout the property with added air conditioners to ensure your comfort all year round. Master bedroom comes complete with huge ensuite and walk-in robe. The driveway is on title to this home. There is no body corporate and the only cost shared by both owners is the building and public liability insurance for a small amount of common property at the front of driveway. The large double garage is a feature for the home handyman. The property affords excellent privacy and plenty of car accommodation.

Listing agent David van den Bovenkamp 0425 806 460, in conjunction with agent Paul Walker property consultant 0418 333 333.

David van den Bovenkamp : 0425 806 460

Property History for 2/16 Derwent St, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Transferred
17 Feb 2021
  • 17 Feb 2021
    Transferred
  • 08 Feb 2014
    Sold for $600,000
  • 13 Jan 2014
    Listed for Sale OFFERS ABOVE $490,000
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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 4,004 properties. Over the last 5 years, Houses in Ringwood North have seen a 34.62% increase in median value, while Units have seen a 16.01% increase. As at 30 September 2024:

  • The median value for Houses in Ringwood North is $1,261,291 while the median value for Units is $830,402.
  • Houses have a median rent of $625 while Units have a median rent of $595.
There are currently 8 properties listed for sale, and no 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.