OFF MARKET

5/124 Brighton Road
Ripponlea VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 658m2
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Property Details for 5/124 Brighton Rd, Ripponlea

5/124 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 72m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
Unit
Year Built
1970
Floor Size
72m2
Land Size
658m2
Local Government
Port Phillip
Lot/Plan
25/RP6444

Last Listing description (January 2021)

This modern, spacious first floor security apartment boasts a renovated kitchen and bathroom, a private balcony and a lock-up garage. Best of all, meeting friends in nearby Elwood or Ripponlea Village or catching public transport into the city is just a stroll away. Tastefully updated, this apartment features a large open plan living/dining room warmed with floating floorboards and gas heater, modern kitchen with a breakfast bar, sleek bathroom with WMF and separate toilet, two generous bedrooms with large double-glazed windows (BIR). This apartment in a block of only ten is close to cafes, restaurants, the beach, Ripponlea station, Elwood Village, Balaclava and St Kilda, and has a city-bound tram on your doorstep.

Property History for 5/124 Brighton Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$430,000
02 Dec 2013
Listed for Rent
$400/w
04 Feb 2014
  • 02 Dec 2020
    Listed for Sale $500,000 - $530,000
  • 01 Jun 2015
    Listed for Sale $435,000
  • 01 Jun 2015
    Listed for Rent - Price not available
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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.