Back 301/5 Browns Avenue
Off Market

301/5 Browns Avenue

Ringwood VIC 3134

2
2
1
Apartment
Last sold for $610,000
Chris HodgeChris Hodge, last sold this property on 05 July 2022 after 21 days on market.

Overview

Penthouse Living in the Heart of Ringwood!

Set within the stunning 'Ark' complex of just 33 apartments, penthouse apartment number 301 is the pick of the building. Experience urban living at its finest, with a convenient location in the heart of Ringwood, walking distance from Ringwood Train Station, Eastland Shopping Centre, Town Square's lively dining precinct, and the Mullum Mullum Creek Trail. Just 3 years young, this sophisticated apartment is located on the top floor of the complex, offering security and privacy. Boasting the largest overall floor space in the development, with 95 square meters internal and 40 square meters external. Contemporary styling and quality finishes throughout, the north facing orientation bathes the open plan design in natural light. A free-flowing kitchen, meals and living area extends through double-glazed glass sliding doors to an enormous 13-metre-long balcony, perfect for entertaining. A sleek and functional kitchen showcases Miele stainless steel appliances, Caesarstone countertops, gas cooktop and glass splashbacks. The long island breakfast bar is a versatile space for meal preparation, serving and socialising. A tasteful ensuite and main bathroom serve two large bedrooms featuring built in robes, the master with balcony access. Both bathrooms boast floor to ceiling tiles with a mosaic-tiled feature wall, spacious vanities, and sleek matte black tapware. Complete with quality additions including a European laundry, split system heating and cooling, camera intercom system, plus an allocated basement car space and accompanying walk-in storage cage, this impeccably presented penthouse offers a rare opportunity to buyers.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Ringwood over the last 12 months, the estimated median property value of 301/5 Browns Avenue is $533.75k.

Median value
$533.75k
Estimated value range
$392.5k - $726k
Median days on market
32
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ringwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 301/5 Browns Avenue

2022
Sold
$610,000
05 Jul 2022 by Chris Hodge, of Barry Plant Wantirna
2021
Rented
Undisclosed
Leased on 09 Aug 2021
2020
Rented
Undisclosed
Leased on 26 May 2020

Happy sellers in Ringwood

73%
73% of sellers in Ringwood reported that their sale price either exceeded or met their price expectations.

Ringwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Ringwood over the last 12 months.

Local market activity for 2 bedroom apartments in Ringwood

In the last 12 months, 77 two-bedroom apartments similar to 301/5 Browns Avenue, have been sold.

This represents a 30% increase in two-bedroom apartments sales when compared to the previous 12 months.

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