1/5 Freeman Street, Ringwood East, VIC 3135 | Property Value & History | OnTheHouse
FOR SALE

1/5 Freeman Street
Ringwood East VIC 3135

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 128m2
This property is currently on the market
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Property Details for 1/5 Freeman St, Ringwood East

1/5 Freeman St, Ringwood East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 128m2 and floor size of 80m2.This Property is currently listed for sale with Harcourts Manningham

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
128m2
Local Government
Maroondah
Lot/Plan
1/RP16304

Last Listing description (October 2026)

Positioned at the front of a well-kept complex and combining modern updates with an exceptionally convenient Ringwood East address, this beautifully presented two-bedroom home delivers an easy-care lifestyle ideal for first-home buyers, downsizers and investors alike.

Fresh, bright and inviting, the home opens to a generous living area where large windows draw in an abundance of natural light. Contemporary flooring flows throughout the main living spaces, while split-system heating and cooling ensures year-round comfort.

The updated kitchen is a standout, finished with sleek white cabinetry, marble-look benchtops and splashbacks, gas cooking, stainless steel appliances and dishwasher. Its open connection with the adjoining dining area creates a practical and welcoming space for everyday meals and entertaining, with sliding doors extending the living zone outdoors.

Step outside to a private covered deck - a relaxed spot for morning coffee, alfresco dining or simply enjoying some fresh air. The low-maintenance nature of the outdoor space makes it particularly appealing for those seeking a lock-up-and-leave lifestyle without sacrificing an outdoor retreat.

Accommodation comprises two bedrooms, including a generously proportioned main bedroom with built-in robes. The central bathroom offers a separate shower and bathtub, complemented by a separate WC and dedicated laundry for added everyday practicality.

Adding further appeal are solar panels and a newly installed energy-efficient hot water unit, helping enhance the home's overall energy efficiency and reduce ongoing household running costs.

Parking is also exceptionally practical, with a secure single garage plus an additional car space directly in front of the garage. The complex also provides a dedicated visitor car space, offering added convenience when family and friends come to visit.

The location completes the package. Ringwood East's village-style shopping precinct, cafs, everyday conveniences and railway station are within walking distance, making it easy to leave the car at home. Maroondah Hospital is also close by, with Ringwood East Station identified by Eastern Health as the closest railway station to the hospital.

Families will appreciate proximity to a selection of local schooling options, including Ringwood East Primary School and Tintern Grammar, while Eastland Shopping Centre, Ringwood Lake and surrounding parks, reserves and walking trails are all within easy reach.

Property History for 1/5 Freeman St, Ringwood East, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$545,000
04 Feb 2023
Listed for Rent
$330/w
14 Oct 2020
  • 12 Aug 2026
    Listed for Sale $650,000 - $700,000
  • 04 Feb 2023
    Sold for $545,000
  • 01 Dec 2022
    Listed for Sale $540,000 - $570,000
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About Ringwood East 3135

The size of Ringwood East is approximately 4.7 square kilometres. There are 16 parks, covering nearly 6.7% of the total area. The population of Ringwood East in 2016 was 10265 people. By 2021 the population was 10764 showing a population growth of 4.9% in the area during that time. The predominant age group in Ringwood East is 30-39 years. Households in Ringwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ringwood East work in a professional occupation.In 2021, 69.10% of the homes in Ringwood East were owner-occupied compared with 68.30% in 2016.

Ringwood East has 5,564 properties. Over the last 5 years, Houses in Ringwood East have seen a -13.85% decrease in median value, while Units have seen a 3.55% increase. As at 31 August 2026:

  • The median value for Houses in Ringwood East is $942,270 while the median value for Units is $687,786.
  • Houses have a median rent of $638 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Ringwood east on OnTheHouse. According to Cotality's data, 245 properties were sold in the past 12 months in Ringwood east.

Suburb Insights for Ringwood East 3135

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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.