2/9 Paxton St, Ringwood is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 454m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
This lovely home is ideal for the first home buyer awaiting to get into the property market, or that astute investor searching for a strong rental yield and capital growth. Located at the rear of only two on the block, underpinned by 455sqm (approx) land, and with no owners corporation, this home presents an opportunity like no other.
Upon entry you are greeted with an abundance of natural light from the open plan living and dining room that is well serviced by the large kitchen. Featuring three very spacious bedrooms, all of which have built in robes, a family bathroom with separate toilet and generous laundry with external access. The large undercover rear deck is the perfect place to relax with a coffee whilst overlooking the expansive private back garden. Complete with a substantial workshop/storage room and a double carport, it's a property that provides unlimited scope.
With location always key, this property is within close proximity to Eastland Shopping Centre, Eastlink, Mullum Mullum Reserve and a short stroll to both zoned schools of Mullum Primary and Norwood Secondary College. Be quick and ensure you inspect today before it's too late.
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 12,416 properties. Over the last 5 years, Houses in Ringwood have seen a -4.31% decrease in median value, while Units have seen a 5.38% increase. As at 31 July 2026:
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