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
Sold By
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 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.