501B/42 Nelson Street, Ringwood, VIC 3134 | Property Value & History | OnTheHouse
OFF MARKET

501B/42 Nelson Street
Ringwood VIC 3134

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 18 May 2026
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Property Details for 501b/42 Nelson St, Ringwood

501b/42 Nelson St, Ringwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Maroondah

Last Listing description (March 2026)

Modern and stylish 2 bedroom apartment in prime central location only a short stroll to Eastland Shopping Centre, Ringwood train station and bus depot and Ringwood Lake, and within easy access to Eastlink freeway, Ringwood Secondary College, Tintern College, Aquinas College and local parklands/reserves.
Offering open planned living, modern kitchen with glass splashback and stainless appliances - gas stove top and electric oven, split system air conditioner, central bathroom, ample robes to both bedrooms, European laundry and private balcony with lovely outlook.
The complex offers recreational rooms, spa retreat, gym facilities and communal courtyards for all to enjoy. Beautiful lifestyle living.

Property History for 501b/42 Nelson St, Ringwood, VIC 3134

A timeline of how this property has performed in the market
Listed for Rent
$550/w
04 Mar 2026
  • 04 Mar 2026
    Listed for Rent $550 / week
  • 24 May 2022
    Listed for Rent $420 / week
  • 04 Feb 2021
    Listed for Rent $400 / week
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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 12,330 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:

  • The median value for Houses in Ringwood is $1,056,487 while the median value for Units is $647,077.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 10 properties listed for rent in Ringwood on OnTheHouse. According to Cotality's data, 539 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.