23 Hotham GroveRipponlea VIC 3185
Property Details for 23 Hotham Gr, Ripponlea
23 Hotham Gr, Ripponlea is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1890. The property has a land size of 1279m2 and floor size of 287m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2025)
Privately set on an expansive 1,310m (approx.) of prime residential land, this substantial mansion residence presents a rare and versatile opportunity in one of Elsternwicks most sought-after locations.
Beautifully maintained and ready to occupy or lease immediately, the home also offers exciting potential to refurbish, extend, or redevelop the rear (STCA). Boasting three street frontages, the property provides exceptional flexibility for subdivision or future development (STCA).
Ideally positioned within walking distance of both the vibrant Glenhuntly Road and Glen Eira Road shopping and dining precincts, and well-connected by nearby trams and multiple train stations along Brighton Road.
Currently generating a solid rental return of approximately $7,000 per month, with vacant possession also available. Extended settlement terms will be considered.
Property History for 23 Hotham Gr, Ripponlea, VIC 3185
- 16 Jul 2025Listed for Sale $4,500,000
- 21 Jun 2024Listed for Sale $4,500,000
- 05 Jun 2022Sold for $4,425,000
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About Ripponlea 3185
The size of Ripponlea is approximately 0.3 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Ripponlea in 2016 was 1576 people. By 2021 the population was 1532 showing a population decline of 2.8% in the area during that time. The predominant age group in Ripponlea is 30-39 years. Households in Ripponlea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ripponlea work in a professional occupation.In 2021, 49.70% of the homes in Ripponlea were owner-occupied compared with 43.60% in 2016.
Ripponlea has 938 properties. Over the last 5 years, Houses in Ripponlea have seen a 9.59% increase in median value, while Units have seen a -0.53% decrease. As at 31 December 2025:
- The median value for Houses in Ripponlea is $2,005,825 while the median value for Units is $576,114.
- Houses have a median rent of $625 while Units have a median rent of $520.
Suburb Insights for Ripponlea 3185
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