1/16 Hotham GroveRipponlea VIC 3185
Property Details for 1/16 Hotham Gr, Ripponlea
1/16 Hotham Gr, Ripponlea is a 2 bedroom, 1 bathroom Unit and was built in 1920. The property has a land size of 478m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2009.
Last Listing description (June 2022)
Part of an attractive Art Deco complex of just six boutique residences, this ground-floor apartment has been stylishly updated to suit today's lifestyle. A central hallway welcomes you as you make your way inside and discover a large and light-filled living and dining room and a separately zoned modern kitchen with stainless-steel oven and cooktop creating an efficient space for meal preparation. Floor-to-ceiling built-in robes are included in the generous main bedroom, which together with the second bedroom shares a fashionable bathroom with shower. A heater in the living room, washing machine taps, timber floors, secure intercom entry, and sun-kissed communal gardens to relax with a book or catch up with your neighbours and friends are further highlights. The quiet location situates you within easy reach of Ripponlea Village and Station, Rippon Lea Estate for summertime picnics, trams heading to the city, Elsternwick Park, St Kilda Botanical Gardens, and the beach.
Property History for 1/16 Hotham Gr, Ripponlea, VIC 3185
- 21 Apr 2022Listed for Sale $480,000-$528,000
- 12 Feb 2019Listed for Rent $450 / week
- 27 May 2009Sold for $373,000
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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.
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