OFF MARKET

227 Hotham Street
Ripponlea VIC 3185

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 152m2
Land area: 484m2
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Property Details for 227 Hotham St, Ripponlea

227 Hotham St, Ripponlea is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 484m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1910
Floor Size
152m2
Land Size
484m2
Local Government
Port Phillip
Lot/Plan
1/TP128153

Last Listing description (February 2016)

227 Hotham Street, Ripponlea. Positioned in a centre-stage lifestyle location, this allotment of 475 square metres (approximate title dimensions) is currently occupied by a very liveable single-level family home. Alternatively, with hard-earned approved plans and permits already in place, it s ready, set, build for a funky brand-new three-storey boutique block of nine apartments comprising of five one-bedroom, four two-bedroom apartments & eight car parking spaces. Each luxury apartment will feature either a full-width balcony or courtyard garden. Although the plans are for nine apartments, the NET area approved could cater for up to eleven one-bedroom units (STCA). Rippon Lea Estate is across the road & Ripponlea & Elsternwick Villages & Stations & trams all within easy access by foot. So if you love the location & are ready to go, don t miss out on this outstanding opportunity to act immediately & reap the rewards.

Property History for 227 Hotham St, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$1,500,000
20 Sep 2015
  • 20 Sep 2015
    Sold for $1,500,000
  • 25 Aug 2015
    Listed for Sale $1,200,000 - $1,320,000
  • 07 Sep 2013
    Sold for $985,000
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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 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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