OFF MARKET

4/124 Brighton Road
Ripponlea VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 658m2
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Property Details for 4/124 Brighton Rd, Ripponlea

4/124 Brighton Rd, Ripponlea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 658m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
658m2
Local Government
Port Phillip
Lot/Plan
24/RP6444

Last Listing description (December 2017)

Generous proportions and a freshly refurbished interior create a welcoming vibe in this elevated apartment. Extending onto a covered balcony, the impeccably appointed home enjoys a well-planned layout that incorporates a spacious living and dining room and a smartly updated kitchen with dishwasher, lots of cupboards, pull-out pantry and plenty of room for cooking up a feast. Two carpeted bedrooms with built-in robes and a modern bathroom with a shower-over the bath combination are privately arranged in their own wing at the rear. Presenting an excellent move-right-into scenario, the apartment also features a reverse-cycle air conditioner, timber floors, washing machine taps, high ceilings, secure intercom entry and the added bonus of a storage/music studio in the lock-up garage. Set in a small boutique block that's located right on the edge of effervescent Elwood, it's metres from tram stops and a few minutes' walk to bus stops, Ripponlea Station, vibrant Ripponlea Village with its cafes, fresh food stores and retail outlets and beautiful Rippon Lea Estate for enjoyable summer time picnics.

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Property History for 4/124 Brighton Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$510,000
07 Oct 2017
Listed for Rent
$410/w
23 Feb 2017
  • 07 Oct 2017
    Sold for $510,000
  • 13 Sep 2017
    Listed for Sale $500,000 - $530,000
  • 26 Jul 2016
    Listed for Rent $395 / 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.
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.