OFF MARKET

40 Werac Drive
Ringwood North VIC 3134

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 242m2
Land area: 702m2
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Property Details for 40 Werac Dr, Ringwood North

40 Werac Dr, Ringwood North is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 702m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1995
Floor Size
242m2
Land Size
702m2
Local Government
Maroondah
Lot/Plan
131/LP114567

Last Listing description (June 2023)

Gracefully poised on the high side of beautifully leafy and quiet street, impressive floorplan flexibility, generous dimensions and a self-contained retreat are what make this attractive home a great opportunity for growing families.

In a perfect locale just a few short steps from Loughies Bushland Reserve, BJ Hubbard Reserve and the Werac Drive Playground, it's an easy walk to the gates of Ringwood Heights Primary School.

Tree-top views provide a serene backdrop to the inviting fire-side lounge with luminous leadlight, while separately, the elegant dining room features raked ceilings. Flowing from the bright kitchen and meals, step into the expansive family room which extends out to an extra-large under-cover alfresco filled with sunshine.

A desirable four bedroom, three bathroom floorplan, downstairs features a flexible rumpus room/office/fifth bedroom with a bathroom and separate entry. The icing on the cake is the master bedroom with walk-in robe, ensuite and lofty view, as well as a quiet study, ducted heating, evaporative cooling and double carport.

On 706 sqm approx., close to Norwood Secondary College, Whitefriars and North Ringwood Village cafes, shop at nearby Eastland and travel along Eastlink for a quick trip into the city or down to the Mornington Peninsula.

Property History for 40 Werac Dr, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,190,000
08 Feb 2022
  • 08 Feb 2022
    Sold for $1,190,000
  • 24 Jan 2022
    Listed for Sale $1.05m - $1.15m
  • 22 Dec 2008
    Transferred
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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.