63 Glen Eira Road, Ripponlea, VIC 3185 | Property Value & History | OnTheHouse
OFF MARKET

63 Glen Eira Road
Ripponlea VIC 3185

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 186m2
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Property Details for 63 Glen Eira Rd, Ripponlea

Building Type
Commercial
Floor Size
130m2
Land Size
186m2
Local Government
Port Phillip
Lot/Plan
4/LP40324

Last Listing description (July 2022)

Gross Waddell ICR is pleased to offer 63 Glen Eira Road, Ripponlea. In this tightly held precinct which offers a vibrant shopping/ service strip which is strongly supported by the local residents.

This kind of opportunity does not come along too often so here's your chance to hit the ground running. This premises provides a serviced restaurant premises ready for your touches. You'll be saving big $ on set up with this property.

Note: The Owner is seeking an experienced party with good restaurant credentials.

Key Features Include:
Ground Floor: 143m2*
Full Kitchen area serviced with gas lines, hand basins, sinks ready for your equipment
WI refrigeration
Existing flue/canopy x 2
Grease trap
Bar/front of house service
DDA compliant toilet plus additional M&F
Rear laneway access

*Denotes Approx*

Property History for 63 Glen Eira Rd, Ripponlea, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$737,000
04 Dec 2006
Listed for Rent
$1.04k/w
19 Jul 2022
  • 15 Dec 2021
    Listed for Rent - Price not available
  • 19 Sep 2007
    Listed for Rent - Price not available
  • 04 Dec 2006
    Sold for $737,000
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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 1.54% increase in median value, while Units have seen a 4.11% increase. As at 30 November 2025:

  • The median value for Houses in Ripponlea is $1,794,082 while the median value for Units is $581,304.
  • Houses have a median rent of $625 while Units have a median rent of $520.
There are currently 2 properties listed for sale, and no properties listed for rent in Ripponlea on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Ripponlea.

Suburb Insights for Ripponlea 3185

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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.