1 Albert Street, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
OFF MARKET

1 Albert Street
Ringwood VIC 3134

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 974m2
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Last updated 22 Dec 2025
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Property Details for 1 Albert St, Ringwood

1 Albert St, Ringwood is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 974m2.

Building Type
Unit
Land Size
974m2
Local Government
Maroondah
Lot/Plan
1/TP6621

Last Listing description (September 2020)

Set in the beating heart of Ringwood, we bring to market this very rare opportunity to purchase a whole block of four units, each separately titled.With the majority having been updated over the years, the homes provide easy living with matching single-level floorplans. Each consist of a lounge, kitchen with meals area, two bedrooms, a bathroom/laundry combo, plus an allocated car space under a brand new commercial quality carport.This superb investment opportunity offers the astute buyer the chance to collect over $70,000 PA in rent while your asset grows in this premium location.Unmatched for lifestyle positioning, the complex is situated within walking distance to buses, reserves, Ringwood Train Station, Ringwood Square and Eastland Shopping Centres, medical and recreational facilities. It's also only minutes from the EastLink freeway entry.Noel Jones Real Estate has taken every precaution to establish the accuracy of this information however shall in no event accept liability for loss or damage suffered by a third-party. People must make their own enquiries as to its accuracy.

Property History for 1 Albert St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
  • 16 Mar 2020
    Listed for Sale Contact Agent
  • 05 Nov 1994
    Listed for Sale Not Disclosed
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About Ringwood 3134

The size of Ringwood is approximately 10.2 square kilometres. It has 35 parks covering nearly 13.2% of total area. The population of Ringwood in 2016 was 17471 people. By 2021 the population was 19144 showing a population growth of 9.6% in the area during that time. The predominant age group in Ringwood is 30-39 years. Households in Ringwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood work in a professional occupation.In 2021, 57.80% of the homes in Ringwood were owner-occupied compared with 58.60% in 2016.

Ringwood has 12,344 properties. Over the last 5 years, Houses in Ringwood have seen a 23.07% increase in median value, while Units have seen a 16.15% increase. As at 30 November 2025:

  • The median value for Houses in Ringwood is $1,092,769 while the median value for Units is $652,146.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 37 properties listed for sale, and 11 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 538 properties were sold in the past 12 months in Ringwood.

Suburb Insights for Ringwood 3134

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.