OFF MARKET

1/1 Hotham Grove
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 485m2
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Last updated 11 Nov 2024
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Property Details for 1/1 Hotham Gr, Ripponlea

1/1 Hotham Gr, Ripponlea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 485m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1960
Floor Size
46m2
Land Size
485m2
Local Government
Port Phillip
Lot/Plan
1/RP5986

Last Listing description (December 2022)

The Phone Code for this property is: 83322. Please quote this number when phoning or texting.

LOCATION, AMPLE PARKING AND STORAGE
This stylish first floor 1-bedroom apartment is bathed in natural light and situated in a quiet, boutique block of only 8.

Freshly painted and recent renovations inside and out, plus a security entrance, low maintenance and low Owners fees, make this sunny apartment an ideal first home or next investment.
Spacious rooms inside and an oversized lock up garage with extra storage space set this property set apart from the competition.
Parking will not be an issue, as there is a space in front of the garage and 3 x Council street parking permits available on application.
Ideally located just steps from Brighton Road trams and easy walking distance to both Ripponlea and Elsternwick train stations, shops and restaurants

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 1/1 Hotham Gr, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$384,500
12 May 2021
Listed for Rent
$335/w
01 Apr 2019
  • 12 May 2021
    Sold for $384,500
  • 01 Apr 2021
    Listed for Sale $384,500
  • 01 Oct 2019
    Listed for Rent - Price not available
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About Ripponlea 3185

The size of Ripponlea is approximately 0.3 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Ripponlea in 2011 was 1,477 people. By 2016 the population was 1,572 showing a population growth of 6.4% in the area during that time. The predominant age group in Ripponlea is 20-29 years. Households in Ripponlea are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripponlea work in a professional occupation. In 2011, 43.4% of the homes in Ripponlea were owner-occupied compared with 43.6% in 2016.

Ripponlea has 919 properties. Over the last 5 years, Houses in Ripponlea have seen a 14.60% increase in median value, while Units have seen a 4.64% increase. As at 31 October 2024:

  • The median value for Houses in Ripponlea is $2,007,609 while the median value for Units is $571,461.
  • Houses have a median rent of $740 while Units have a median rent of $500.
There are currently 4 properties listed for sale, and 1 property listed for rent in Ripponlea on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Ripponlea.

Suburb Insights for Ripponlea 3185

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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.