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16 Morinda Street, Ringwood East$950,000
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Soldhouse

16 Morinda Street

Ringwood East, VIC 3135, Australia
$950,000
6 bed 2 bath 3 car845 m²

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About this property

Offering rare flexibility with immense future growth potential, this substantial 845sqm block includes two single-level three-bedroom residences. Presenting an exciting array of possibilities, the property is currently configured to generate an appealing dual income stream. With a prized 19.81m frontage and a sought-after position on the high side of the street, the site is also ideal for those looking to redevelop or build a brand-new family home in the future, with a potential second storey capturing a magnificent elevated view of the Dandenong Ranges (STCA). Set just steps from Tintern Grammar, and within easy walking distance of Ringwood East Station, Ringwood East IGA and Railway Avenue shops, the property is also mere moments from Cheong Park, Maroondah Hospital and Ringwood Lake Park. Zoned for Eastwood Primary School and Ringwood Secondary College, the location is a short drive from Aquinas College, Eastland Shopping Centre, Eastfield Park, Costco and EastLink. With classic character weatherboard design, the front home features a light-filled plan living and dining area with a leafy north-facing outlook, lofty ceilings, and a gas log fireplace. A spacious modern kitchen includes ample storage and an electric oven and cooktop. A private courtyard and terrace at the rear are complemented by an immense fully-fenced front yard with plenty of space for kids and pets. Three robed bedrooms are set alongside a skylit bathroom with a bathtub and separate powder room, while the home also includes hardwood floors, split system air conditioning and two lock-up sheds. Secluded at the rear, the second home includes a living and dining area flowing to an undercover deck overlooking a generous low-maintenance backyard. An open plan kitchen comprises a breakfast bar, ample storage, a dishwasher, and a freestanding gas oven and cooktop. Three robed bedrooms are serviced by a central bathroom, with the home also featuring polished pine floors, ducted heating, air conditioning, and a lock-up shed. The property includes a single lock-up garage plus abundant additional off-street parking, with a large paved area ideal for a boat, caravan or trailer. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
6
Bathrooms
2
Parking
3
Land Area
845 m²
Listed
3 months ago

Repayment calculator

$4,606/month
$2,303 /fortnight
Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000
Stamp duty$52,070
Conveyancing (est.)$2,000
Total upfront$244,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ringwood East

This 6-bedroom house in Ringwood East, VIC 3135 sits within reach of public transport, local shops and nearby schools. It is listed 5% above the $905,000 median of 51 comparable houseswithin 5 km.

Schools near Ringwood East

  • Tintern Grammarcombined · Prep-12 · CoEd
  • Eastwood Primary Schoolprimary · Prep-6 · CoEd
  • Tinternvale Primary Schoolprimary · Prep-6 · CoEd
  • Avenues Education - Eastern Metropolitansecondary

What's nearby

  • Thurleigh Ave/Bayswater Rd (bus)1.1 km away
  • MAKA MAKA869 m away
  • Smithdene Avenue Reserve158 m away
  • Shane Crescent Reserve386 m away
  • Hender Street Reserve559 m away

Ringwood East at a glance

Full suburb profile
Population
10,764
Median age
38
Household income
$1,817/wk
Median rent
$380/wk
Median mortgage
$2,051/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ringwood East price trend

Median sold · House 3 bed

Compound growth +0.3% / yr over 4 yrs

$943kcurrent median

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