5/303 Maroondah HighwayRingwood VIC 3134
Property Details for 5/303 Maroondah Hwy, Ringwood
Last Listing description (August 2016)
This office space is a great Investment opportunity for first time commercial investor or savvy landlord.
Excellent tenant!
'Worrels'- Worrells is a firm dedicated to solvency management, insolvency administration and forensic investigation.
Expiry June 2017 with options.
Modern office space of approx 49sqm with kitchenette, internal toilet facilities and car parking.
Please contact Anthony Treeby for inspection 0411 558 993
Property History for 5/303 Maroondah Hwy, Ringwood, VIC 3134
- 03 Mar 2025Sold for $377,000
- 18 Aug 2016Sold for $275,000
- 03 May 2016Listed for Sale $285,000
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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 12,341 properties. Over the last 5 years, Houses in Ringwood have seen a 21.23% increase in median value, while Units have seen a 15.98% increase. As at 31 December 2025:
- The median value for Houses in Ringwood is $1,092,276 while the median value for Units is $658,742.
- Houses have a median rent of $608 while Units have a median rent of $550.
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