5/15 Oak Gr, Ripponlea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 595m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
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Securely located on the first floor of a tightly held block of just nine, this solid, spacious & stylishly updated apartment is the perfect place to call home. Featuring a generously proportioned carpeted living & dining room with a large window that lures lovely natural light, an updated spacious kitchen with gas cooking & ample storage & bench space, two good sized carpeted bedrooms both with built-in robes, a sparkling central bathroom with shower over bath & laundry facilities & the added bonus of off street parking for one car. Offering a hassle free lifestyle of convenience surrounded by excellent lifestyle amenities including Ripponlea train station, Ripponlea Village's shops, restaurants & cafes & close to all the delights of Elwood and Elsternwick.
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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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