SOLD
Sold on 07 Mar 2024 for $525,000

2/98 Brighton Road
Ripponlea VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 1064m2
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Gary Peer & Associates Pty Ltd
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Property Details for 2/98 Brighton Rd, Ripponlea

2/98 Brighton Rd, Ripponlea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 1064m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Ripponlea in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
96m2
Land Size
1064m2
Local Government
Port Phillip
Lot/Plan
2/PS842863

Last Listing description (March 2024)

Peacefully located amidst beautifully established garden surrounds, in a fabulous lifestyle location, this ground floor Art Deco sanctuary is sure to impress. One of just seven in a charming boutique block, it presents a wonderful opportunity for first home buyers wanting to break into the market or a savvy investors looking for a future proof investment. Polished timber floors flow from the entrance hallway delivering a generously proportioned living room enjoying access to a sundrenched balcony terrace & a well appointed neatly presented kitchen with space for meals area. This inviting apartment with lovely green aspect also features two good sized bedrooms & a central bathroom with shower over bath & laundry facilities. Other attributes include split system heating/cooling & a single lock up garage accessed via Fuller Road. Conveniently located in an outstanding lifestyle location, with Ripponlea Station, Glen Eira Road Village, Glen Huntly Road shopping strip & Ripponlea Estate all just a short walk away.

Property History for 2/98 Brighton Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$525,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $525,000
  • 05 Feb 2024
    Listed for Sale $525,000
  • 30 Aug 1997
    Listed for Sale Not Disclosed

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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 20.91% increase in median value, while Units have seen a 1.98% increase. As at 30 September 2024:

  • The median value for Houses in Ripponlea is $1,996,001 while the median value for Units is $574,776.
  • Houses have a median rent of $740 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and no properties listed for rent in Ripponlea on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Ripponlea.

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