SOLD
Sold on 14 Sep 2024 for $282,500

51/6-8 Glen Eira Road
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2977m2
Sold By
Jellis Craig Port Phillip
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Property Details for 51/6-8 Glen Eira Rd, Ripponlea

51/6-8 Glen Eira Rd, Ripponlea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 2977m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Ripponlea in the last 12 months.

Building Type
Unit
Year Built
1969
Land Size
2977m2
Local Government
Port Phillip
Lot/Plan
56G/LP64119

Last Listing description (September 2024)

Soaking up a prestigious uninterrupted city view and the leafy charm of Ripponlea and beyond, this top-floor north-facing apartment offers the ultimate urban lifestyle in a serene and convenient setting on the cusp of eclectic Ripponlea Village.

With a prime position at the rear of the block, ample natural light floods the well-designed layout, creating an inviting and comfortable living space. Polished concrete floors infuse edgy style, perfectly complementing the crisp white double brick walls, while a sleek stone benchtop and modern appliances show off a quality touch within the chic kitchen. Beyond the double bedroom is a contemporary bathroom and excellent storage space, perfect for a clutter-free lifestyle.

Enjoy unparalleled convenience with cafes, grocers, fine dining experiences, and trend wine bars located footsteps from your door, and Brighton Road trams and the train station just moments away. Hop on the train and travel one stop to Elsternwick, where shops, cinemas, and an exceptional array of services await, whilst the city commute is an effortless experience. Low owner's corporation fees offer a further enticement to first-home buyers and astute investors, as additional comforts include heating, air conditioning, laundry provision, and on-site parking.

Property History for 51/6-8 Glen Eira Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$282,500
14 Sep 2024
Listed for Rent
$350/w
14 Apr 2023
  • 14 Sep 2024
    Sold for $282,500
  • 25 Jun 2024
    Listed for Sale Under Contract
  • 04 Apr 2023
    Listed for Rent $350 / 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 930 properties. Over the last 5 years, Houses in Ripponlea have seen a 2.51% increase in median value, while Units have seen a -0.04% decrease. As at 30 November 2024:

  • The median value for Houses in Ripponlea is $2,040,967 while the median value for Units is $581,192.
  • Houses have a median rent of $740 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 1 property listed for rent in Ripponlea on OnTheHouse. According to CoreLogic's data, 30 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.