OFF MARKET

1/8 Hotham Grove
Ripponlea VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 490m2
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Last updated 4 Nov 2024
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Property Details for 1/8 Hotham Gr, Ripponlea

1/8 Hotham Gr, Ripponlea is a 2 bedroom, 1 bathroom Unit. The property has a land size of 490m2.

Building Type
Unit
Land Size
490m2
Local Government
Port Phillip

Last Listing description (February 2024)

In a lovely quiet grove opposite Rippon Lea historical house and gardens, this older style apartment comprises:

- Central entrance hall
- Large bright lounge room

- Two spacious bedrooms with built in robes
- Large sunny kitchen with electric cooking and room for a small table
- Central bathroom with shower over bath and washing machine taps
- Off street parking

Close to Glenhuntly Road tram, shops and cafes and Elsternwick station. Freshly painted throughout and new flooring in the entrance hallway, living room, bedroom 1 and bedroom 2.

Whilst every care is taken, Wilson Agents will not be held liable for any misprints of this advertisement and the applicant/s acknowledge that in applying for the property they are accepting the premises in the condition in which they viewed the home.

For scheduled inspections, please use the "BOOK AN INSPECTION" or "EMAIL THE AGENT" buttons and we will contact you to arrange a suitable time.

Property History for 1/8 Hotham Gr, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Listed for Rent
$440/w
24 Jan 2024
  • 24 Jan 2024
    Listed for Rent $440 / week

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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, 34 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.