SOLD
Sold on 20 Sep 2023 for $410,000

10/162 Brighton Road
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 1607m2
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Sold By
Joel Ser
Gary Peer
Rheno Pabillore
Gary Peer
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Property Details for 10/162 Brighton Rd, Ripponlea

10/162 Brighton Rd, Ripponlea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1607m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Unit sold in Ripponlea in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
61m2
Land Size
1607m2
Local Government
Port Phillip
Lot/Plan
31/RP6029

Last Listing description (October 2023)

Nestled within beautifully landscaped gardens & peacefully located at the rear of a boutique block, this one-bedroom apartment on the first floor boasts abundant natural light, thoughtful & unexpectedly generous proportions. Enhanced with gleaming hardwood floors & modern updates, the bright & airy interior is ready for immediate occupancy, making it an excellent choice for first-time homebuyers aiming to enter the market, astute investors, or those seeking a stylish downsizing option. Encompassing a sunlit living area, a contemporary kitchen equipped with an induction cooktop & oven, along with space for a washing machine, an updated bathroom featuring a spacious walk-in shower & a heated towel rack & an inviting double bedroom showcasing built-in wardrobes, a ceiling fan & expansive north-west-facing windows that allow streams of sunlight to pour in. Additional features include panel heating in the living area, secure intercom access & off-street parking accessible from the rear. Providing a serene urban retreat while maintaining proximity to all conveniences, revel in the convenience of walking distance to the lively Ripponlea & Elsternwick Villages, effortless access to public transportation & the nearby Elwood Beach just a stone's throw away.

Property History for 10/162 Brighton Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$410,000
20 Sep 2023
Listed for Rent
$300/w
03 Sep 2014
  • 20 Sep 2023
    Sold for $410,000
  • 28 Aug 2023
    Listed for Sale $360,000 - $395,000
  • 03 May 2016
    Sold for $377,500
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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 929 properties. Over the last 5 years, Houses in Ripponlea have seen a 37.85% increase in median value, while Units have seen a 6.06% increase. As at 31 July 2024:

  • The median value for Houses in Ripponlea is $2,048,106 while the median value for Units is $586,285.
  • Houses have a median rent of $795 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Ripponlea on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Ripponlea.

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