7/1 Hotham GroveRipponlea VIC 3185
Property Details for 7/1 Hotham Gr, Ripponlea
7/1 Hotham Gr, Ripponlea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 485m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (June 2017)
Sunlight pours in to this 2nd floor apartment, which has that sparkle that comes from fresh paintwork and stylish presentation. The floorplan is designed to create a spacious, relaxing, airy ambience. Off the entrance foyer, the living room has a wall of picture windows (with roman blinds) providing panoramic tree- and roof-top views. The chic kitchen includes a meals area and has stainless steel appliances and a gas cooktop. The bedroom, with a built-in wardrobe, leads through to a modern bathroom with frameless glass shower and laundry facilities. There is the security of intercom entry, and a lockup garage. As for the location - it's a ripper! From here it's a few minutes' walk to the tram, 500 metres to the train, a 5 minute drive to Elwood Beach, near bustling strip shopping, village shops, bistros and the latte lifestyle!
Property History for 7/1 Hotham Gr, Ripponlea, VIC 3185
- 18 Jun 2016Sold for $327,000
- 07 May 2016Listed for Sale QUOTING $280,000 - $300,000
- 03 Jan 2015Transferred
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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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