89 Loughnan RoadRingwood VIC 3134
Property Details for 89 Loughnan Rd, Ringwood
Last Listing description (July 2023)
Gorman Allard Shelton is pleased to offer this Ringwood retail opportunity for lease.
Located in a tightly held strip, this 80sqm (approx.) high exposure retail premises comprises an open plan layout with rear kitchenette, storage area and amenities.
With rear laneway access and onsite parking for approximately three (3) cars, ample public customer parking and great vehicle exposure, the property is well equipped to meet staff and customer needs.
The property has been operating as a hair salon for over 30 years, perfect for its next operator or ready for a change, suiting a variety of uses.
The property is prominently located on Loughnan Road within an established retail and residential area. The property is located minutes from Eastland Shopping Centre, Ringwood Station and has proximate access to Eastlink.
Property History for 89 Loughnan Rd, Ringwood, VIC 3134
- 31 Mar 2023Listed for Rent - Price not available
- 08 Apr 2013Sold for $280,000
- 01 Nov 1989Sold for $145,000
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0About 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 21.69% increase in median value, while Units have seen a 16.39% increase. As at 31 January 2026:
- The median value for Houses in Ringwood is $1,105,183 while the median value for Units is $660,981.
- Houses have a median rent of $620 while Units have a median rent of $550.
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