11A/11B Ridgeway AvenueGlenroy VIC 3046
Property Details for 11a/11b Ridgeway Ave, Glenroy
11a/11b Ridgeway Ave, Glenroy is a 2 bedroom, 1 bathroom House.
Last Listing description (April 2025)
Unlock the potential of Glenroy with this exceptional property at 11A and 11B Ridgeway Avenue. This prime location is perfect for savvy developers, astute investors, or enterprising business owners seeking to capitalize on a highly desirable area.
Situated in a mixed-use zone, this property is just minutes away from Glenroy Station, as well as an array of shops, cafes, and other amenities. Its location ensures strong demand and convenience for both commercial and residential tenants. Additionally, being only a 30-minute drive from Melbourne's Central Business District (CBD) enhances its appeal, offering excellent connectivity to the heart of the city.
This property presents a rare opportunity to invest in a thriving location with significant growth potential. Whether for immediate use or future development, 11A and 11B Ridgeway Avenue stands ready to meet a variety of investment and business needs.
All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 11a/11b Ridgeway Ave, Glenroy, VIC 3046
- 02 Sep 2024Listed for Sale Private Sale $515,000
Recent sales nearby
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About Glenroy 3046
The size of Glenroy is approximately 8.9 square kilometres. It has 25 parks covering nearly 26.0% of total area. The population of Glenroy in 2016 was 22245 people. By 2021 the population was 23792 showing a population growth of 7.0% in the area during that time. The predominant age group in Glenroy is 30-39 years. Households in Glenroy are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenroy work in a professional occupation.In 2021, 59.50% of the homes in Glenroy were owner-occupied compared with 60.20% in 2016.
Glenroy has 12,590 properties. Over the last 5 years, Houses in Glenroy have seen a 13.28% increase in median value, while Units have seen a 12.85% increase. As at 31 March 2026:
- The median value for Houses in Glenroy is $891,067 while the median value for Units is $635,071.
- Houses have a median rent of $550 while Units have a median rent of $530.
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