OFF MARKET

5 Montalbo Road
Ringwood North VIC 3134

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 337m2
Land area: 1329m2
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Property Details for 5 Montalbo Rd, Ringwood North

5 Montalbo Rd, Ringwood North is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1329m2 and floor size of 337m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1950
Floor Size
337m2
Land Size
1329m2
Local Government
Maroondah
Lot/Plan
7/PS719078

Last Listing description (July 2022)

Set to dazzle extensive families who are on the hunt for a prized residence that showcases gleaming contemporary style, an abundance of living zones, and plenty of fantastic outdoor space, this amazing 6 bedroom +study, 4 bathroom split level home is a rare Ringwood North offering.

It's hard to find a home of this calibre that will cater for large and growing families. The split level ground floor is a wonder of highlights around every corner, from the superbly spacious formal lounge and dining rooms to the utterly expansive and family, meals, and beautiful kitchen areas! The kitchen will be a paradise for home cooks and delivers arresting stone benchtops, elegant cabinetry, large walk-in pantry, and stainless steel appliances.

There are 3 bedrooms in total located on the ground floor including a guest bedroom with walk-in robe and ensuite, meanwhile the study/home office enjoys BIR storage and could easily be an unprecedented 7th bedrooms! The enormous master bedroom on the top floor easily accesses an ensuite and walk-in robe, with one of the other 2 upstairs bedroom also featuring its own ensuite.

The enormous outdoor entertainer's deck is split into two dedicated areas and have all your bases covered. whether you're having a quiet BBQ with friends or larger parties. Other property features include a family bathroom, laundry, huge lower level wine cellar and living space with bar and kitchenette, large gallery entry, open fireplace in formal lounge, hydronic heating, air-conditioning, amazing gardens, and double garage plus workshop Which could be converted into a home office. Near Level land with plenty of room for outdoor parking for many more cars, boat, trailer, Caravan.

So close to Cielterre Avenue Reserve, Mullum Mullum Creek Reserve, Eastlink Trail, Ringwood Heights Primary School, Norwood Secondary College, Eastland Shopping Centre, Ringwood Square Shopping Centre with ALDI and Costco supermarkets, Heatherdale/Ringwood Stations, and Eastlink.

Property History for 5 Montalbo Rd, Ringwood North, VIC 3134

A timeline of how this property has performed in the market
Last Sold
$1,545,000
02 Apr 2022
Listed for Rent
$750/w
07 Nov 2018
  • 02 Apr 2022
    Sold for $1,545,000
  • 04 Mar 2022
    Listed for Sale $1,430,000 - $1,573,000
  • 04 Sep 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 4,004 properties. Over the last 5 years, Houses in Ringwood North have seen a 38.31% increase in median value, while Units have seen a 19.80% increase. As at 31 August 2024:

  • The median value for Houses in Ringwood North is $1,268,381 while the median value for Units is $843,446.
  • Houses have a median rent of $610 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and no properties listed for rent in Ringwood north on OnTheHouse. According to CoreLogic's data, 147 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.