OFF MARKET

7/245 Hotham Street
Ripponlea VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
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Property Details for 7/245 Hotham St, Ripponlea

7/245 Hotham St, Ripponlea is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Local Government
Port Phillip
Lot/Plan
7/PS548965

Last Listing description (August 2021)

Enter via Bible Street.
Celebrate the freedom of your first home in stylish, sun splashed spaces that offer complete comfort and easy walking convenience to a host of exciting lifestyle assets. On the ground floor of this boutique twelve only building, this irresistible single bedroom apartment has been loved, updated and immaculately cared for by its current owner occupier for over seven years a first class endorsement of its spacious proportions and enviable Elwood fringe location just a short stroll from Glen Huntly Road's cosmopolitan shops, restaurants and cinema, Elsternwick Park and excellent transport links. Beautifully bright open living areas and a fully renovated contemporary kitchen step out to a suntrap courtyard whose north facing aspect and private surroundings ensure fabulous entertaining all year round. Features a comfortable queen size bedroom with extensive BIRs and immaculate fully tiled ensuite with laundry taps, omega induction cooktop, split heating/cooling, timber floors, secure intercom entry (one of six) and adjoining OSP. Walk to Elsternwick Park, its sports clubs and playing fields, the beach, local markets, buses, trains and trams.

Property History for 7/245 Hotham St, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$390,000
02 Aug 2021
Listed for Rent
$350/w
14 Feb 2013
  • 02 Aug 2021
    Sold for $390,000
  • 28 Jun 2021
    Listed for Sale $350,000 - $385,000
  • 17 Mar 2014
    Sold for $377,500
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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.
There are currently 4 properties listed for sale, and 1 property 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.