OFF MARKET

29 Summit Crescent
Ringwood North VIC 3134

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 223m2
Land area: 858m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 29 Summit Cres, Ringwood North

Building Type
Land
Year Built
2023
Floor Size
223m2
Land Size
858m2
Local Government
Maroondah
Lot/Plan
2/PS648366

Last Listing description (February 2022)

Important Notice: In line with the Victorian Government and DHHS directions, open for inspection and auction attendees must check-in via QR code prior to entry and face masks must be worn when entering a property. Thank you for your understanding.

Prominence, potential and unrivalled position are words too often used when it comes to describing real estate, but these descriptions have never been more applicable when it comes to this prime parcel of land in one of the most picturesque and connected locations this area can offer.

Boasting a sprawling 864 sqm (approx.) vantage point, this is a chance to snap up an incredible vacant block of land in a prestigious pocket where there are simply very limited opportunities of this magnitude left.

This is the chance to design, execute and build your brand new home (STCA) high up on Summit, and if making your dream home a reality isn't enough to sway you, then the location certainly will.

Surrounded by picturesque parklands within walking distance to North Ringwood Pre-school and Ringwood Heights Primary School, close to Ringwood North Primary School, Norwood Secondary College and the Ringwood North Shopping Village, as well as enjoying easy access to Warrandyte Rd, Mt Dandenong Rd, the Maroondah Highway, Eastland and Eastlink, this is a real estate opportunity rich in lifestyle rewards.

* Rare opportunity to snap up a vacant block of land in a true lifestyle location
* Amazing 864 sqm (approx.) block ready for a brand new build (STCA)
* In a picturesque position close to all the area can offer
* Walking distance to schools, shops, eateries, services and public transport
* Great connection to major roads, surrounding towns and the Yarra Valley
* An opportunity seldom seen where there are simply very limited land opportunities left

Terms: 10% Deposit, 30/60/90 days

____

Fletchers COVID-19 Update

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property.

For more information, please visit: fletchers.net.au/response-to-covid-19

Property History for 29 Summit Cres, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$845,000
27 Jan 2022
  • 27 Jan 2022
    Sold for $845,000
  • 02 Dec 2021
    Listed for Sale $800,000 - $880,000
  • 16 Apr 2016
    Sold for $600,000
Sign in to see more transactions

Commute Calculator

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 3,997 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 17 properties listed for sale, and 2 properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Ringwood north.

Suburb Insights for Ringwood North 3134

Market Insights
Ringwood North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ringwood North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.