3/199 Hotham StreetRipponlea VIC 3185
Property Details for 3/199 Hotham St, Ripponlea
3/199 Hotham St, Ripponlea is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 727m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
Last Listing description (July 2024)
Situated in a highly sought-after location renowned for its appealing lifestyle and strong investment potential, this three-bedroom apartment is a true rarity. Nestled at the rear of the block, facing the scenic Quat Quatta Avenue and overlooking the charming Ripponlea Gardens, it exudes charm reminiscent of a bygone era with its spacious and solid-brick construction.
The property features a coveted north-facing living area with a sun-catching balcony, flooding the space with natural light. The freshly polished interior complements the sophisticated stainless-steel appliance kitchen, providing ample dining space for entertaining and gatherings.
Enhancing the overall appeal, each of the three bedrooms comes equipped with robes, offering generous proportions. A quality bathroom with a separate toilet ensures privacy and functionality, while in-house laundry facilities and covered parking at the door contribute to the utmost convenience. Modern amenities, including a split-system air-conditioner and panel heating, guarantee a secure living experience with intercom entry.
Located just 150m from the vibrant Glen Eira Rd shopping strip and Ripponlea station, and a short drive from Elwood's beautiful beaches, this property not only marks an excellent beginning for homeowners but also represents an enticing investment opportunity in a highly desirable area.
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Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 3/199 Hotham St, Ripponlea, VIC 3185
- 26 Feb 2024Listed for Rent $750 / week
- 05 Dec 2023Listed for Sale $44,316 Annual Rental Income
- 28 Dec 2021Listed for Rent $550 / 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.
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