40 Glen Eira RoadRipponlea VIC 3185
Property Details for 40 Glen Eira Rd, Ripponlea
Last Listing description (November 2016)
Retail freehold ideally located between Ripponlea Train Station and Hotham Street within the highly sought after Ripponlea Village.
Join renowned restaurant 'Attica', 'Hawk & Hunter', 'Miss Ruben', 'Ripponlea Wine Bar' and many more in this tightly held eclectic retail strip.
- Tenant: Mim + Friends
- Rental: $30,000pa net*
- Building Area: 76sqm*
- Land Area: 92sqm*
*denotes approx.
Property History for 40 Glen Eira Rd, Ripponlea, VIC 3185
- 09 Nov 2016Sold for $768,000
- 22 Sep 2016Listed for Sale Not Disclosed
- 19 Dec 2013Sold for $402,000
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0About 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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