OFF MARKET

5/7 Glen Eira Road
Ripponlea VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 507m2
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Last updated 11 Nov 2024
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Property Details for 5/7 Glen Eira Rd, Ripponlea

5/7 Glen Eira Rd, Ripponlea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 507m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1960
Floor Size
80m2
Land Size
507m2
Local Government
Port Phillip
Lot/Plan
11/RP10287

Last Listing description (October 2024)

This refreshed top floor apartment offers two bright double-sized bedrooms (one with split system heating/cooling) BIR, updated kitchen with dishwasher, stainless steel appliances and electric cooktop. Floating floor boards throughout, spacious living/dining area with split system air-conditioning, overlooking a slimline balcony. Central bathroom with free standing shower and double basin. This property is complete with one off street car park. Great location, a stones throw to vibrant & trendy cafes and Ripponlea train station.

Property History for 5/7 Glen Eira Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$610,000
07 Jun 2018
Listed for Rent
$370/w
28 Sep 2021
  • 14 Oct 2024
    Listed for Rent $570 / week
  • 22 Sep 2021
    Listed for Rent $370 / week
  • 07 Jun 2018
    Sold for $610,000
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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 918 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 no properties 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.