5/199 Hotham StreetRipponlea VIC 3185
Property Details for 5/199 Hotham St, Ripponlea
5/199 Hotham St, Ripponlea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 727m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Ripponlea in the last 12 months.
Last Listing description (May 2024)
Flooded with natural light & fabulous green aspect, you?ll love the space, light & lifestyle of this generously proportioned top floor apartment that has been stylishly renovated from top-to-toe. With nothing to do but move in & enjoy this solid brick abode with an inviting contemporary appeal would suit young couples wanting to enter the market or savvy investors seeking a high growth location. Immaculate oak flooring greets you on arrival & flows seamlessly through to a wonderfully expansive northerly oriented living & dining zone opening out to a sun drenched balcony enjoying leafy views. Adding to the appeal is a modern well appointed kitchen with stainless steel appliances (including dishwasher) & ample storage. While two newly carpeted bedrooms with built-in robes & a stunning fully tiled central bathroom with Euro laundry completes the accommodation. This hidden sanctuary also includes split system heating/cooling, ceiling fans, secure intercom entry & undercover off street parking for one car. To complete the package, the location is exceptional with Ripponlea Village?s shops, restaurants, cafes & station within close proximity.
Property History for 5/199 Hotham St, Ripponlea, VIC 3185
- 26 May 2024Sold for $675,000
- 30 Apr 2024Listed for Sale Not Disclosed
- 05 Jun 2012Sold for $510,000
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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.
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