OFF MARKET

3 Tamar Street
Ringwood North VIC 3134

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 200m2
Land area: 972m2
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Property Details for 3 Tamar St, Ringwood North

3 Tamar St, Ringwood North is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 972m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Floor Size
200m2
Land Size
972m2
Local Government
Maroondah
Lot/Plan
36/LP7604

Last Listing description (December 2019)

A lucrative investment or redevelopment opportunity in a tightly held pocket, this 982sqm (approx.) property presents two units on one title plus plans to build a double storey residence at the rear (STCA). Returning $2,520 combined rent per month, the homes comprise two robed bedrooms, one bathroom, a spacious lounge, kitchen, single carport and a large communal backyard.
Providing a multitude of possibilities; you could renovate the units, knock down the parting wall to create one large family home, utilise the plans to build at the back or explore the option of dream home/multi-unit redevelopment (STCA).
With secure tenancies in place, you can sit back and collect the rent whilst you map out your future plans. Whatever you choose to do, a premium location will always be guaranteed. Situated within moments of buses, reserves, Mullum Mullum Creek Trail, Mullum Primary School, Norwood Secondary College, North Ringwood shops, Eastland and the EastLink freeway.

Property History for 3 Tamar St, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,000,000
07 Mar 2019
  • 07 Mar 2019
    Sold for $1,000,000
  • 17 Sep 2018
    Listed for Sale FOR SALE - Contact Agent
  • 24 Jul 1999
    Sold for $155,000

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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 4,008 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.