OFF MARKET

48/6-8 Glen Eira Road
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 2977m2
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Property Details for 48/6-8 Glen Eira Rd, Ripponlea

48/6-8 Glen Eira Rd, Ripponlea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2977m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
Unit
Year Built
1960
Floor Size
40m2
Land Size
2977m2
Local Government
Port Phillip
Lot/Plan
48/LP64119

Last Listing description (August 2022)

First home buyers and investors get in quick for this one. Well maintained, very private, second storey apartment is perfect for those wanting to get their foot in the door with the first home or first investment alike.

Featuring;

- security door entry
- good sized lounge / dining
- adjoining kitchen with underbench washing machine
- large bedroom with mirrored built-in robes
- ensuite style bathroom with large walk-in shower
- large windows for loads of natural light
- plenty of storage space
- single car space

All this and only 150m to Ripponlea train station, as well as walking distance to other public transport options, as well as wine bars, cafes, restaurants and parklands, including the beautiful Ripponlea Gardens just around the corner!

This unit has been rented well long term and is currently rented as short term accommodation at $70 - $90pn with great returns for those investors amongst us.

For more information contact Marcus & Di today to book your inspection.

Property History for 48/6-8 Glen Eira Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$282,000
03 May 2013
Listed for Rent
$285/w
18 Oct 2021
  • 29 Sep 2021
    Listed for Rent $285 / week
  • 07 Jun 2021
    Listed for Sale $310,000
  • 04 Apr 2014
    Listed for Rent $280 / 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, 31 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.