RENOVATE OR DEVELOP
SITUATED ON 1,023M2(APPROX) OF PRIME REAL ESTATE, THIS GENEROUS CORNER BLOCK OFFERS THE ASTUTE BUYER THE PERFECT SETTING TO DEVELOP TOWNHOUSES OR UNITS (SUBJECT TO COUNCIL APPROVAL). ALTERNATIVELY RENOVATE THE EXISTING HOME OR BUILD YOUR DREAM HOME. EASY ACCESS TO EASTLAND SHOPPING CENTRE AND THE EASTLINK FREEWAY. FEATURES: * 3 BEDROOMS WITH BIR * CENTRAL BATHROOM * SPACIOUS LOUNGE * KITCHEN WITH GENEROUS SIZE MEALS AREA * ENDLESS STORAGE * 2 GARAGES * 6-8 CAR PARKING SPACES FOR CARAVAN/BOAT
The size of Ringwood is approximately 10.2 square kilometres. There are 35 parks, covering nearly 13.2% of the 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 12,334 properties. Over the last 5 years, Houses in Ringwood have seen a 7.61% increase in median value, while Units have seen a 7.25% increase. As at 30 April 2026:
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