3/245 Hotham St, Ripponlea is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 543m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Sometime all you need is somewhere special to lay your hat after a busy day tackling the big wide world, and this stylish one-bedder is just such a place. Making the everyday simple and ensuring absolute comfort and security, both busy professionals and first-home buyers will feel its undeniable attraction, whilst investors will also be inspired to put their hard-earned money here.
Accented by warm timber floors that flow through the combined living and dining room, the stress-free pad offers up a quality kitchen appointed with quality stainless steel appliances and topped with creamy white stone this spacious zone is kept comfortable thanks to reverse-cycle heating/cooling. The north-facing double bedroom features ample mirrored wardrobes and is serviced by a sparkling bathroom comprising provisions for a practical laundry. And while an on-site car space is part of this ultra-convenient package, there is little need for a car, with both Elsternwick & Ripponlea stations plus bus routes, cafes and even recreation all just a breath away.
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:
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