38 Velma Gr, Ringwood East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 926m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Prime positioning in a quiet, sought after pocket of Ringwood East, and with breathtaking views towards the city, this original three bedroom home takes pride of place on the elevated side of the road and within a convenient short walk to Maroondah Hospital, schools, Ringwood East train station and a quick car trip to Eastland and the Eastern Freeway.
Surrounded by well-established gardens, the large 904m2 corner block also accommodates multiple shedding options, including a single garage and single carport that are accessible from Ruthven Way, along with two workshop or storage sheds.
Hosted by a main living and dining room which also features a wood fire, the home celebrates a large kitchen and meals zone and a family friendly floorplan which accommodates the bedrooms and bathroom at the other end of the home. With the flexibility to explore modernizing and extending on the existing footprint, this is an easy transition for buyers to make their way into a forever home.
For a copy of the Section 32 or to request a private inspection, please use the Contact Agent form below.
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 5,558 properties. Over the last 5 years, Houses in Ringwood East have seen a -6.75% decrease in median value, while Units have seen a 8.52% increase. As at 31 July 2026:
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