FOR SALE
$319,000 - $340,000

8 Rita Crescent
Brookfield VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 350m2
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Perfectly Rectangular Block in Prestigious Riverina Estate

#### Property Description:
Welcome to 8 Rita Crescent, Brookfield, an exceptional opportunity to secure a perfectly rectangular 350m² titled block in the heart of one of the fastest-growing areas in Melbourne's Western Suburbs. Nestled within the prestigious Riverina Estate, this prime piece of real estate is ready for you to build your dream home or make a grand investment.
#### Key Features:
- **Size:** 350m² rectangular titled block
- **Location:** Sought-after Riverina Estate in Brookfield
- **Surroundings:** Premium homes and a thriving community
- **Convenience:** Easy access to local amenities, including shops, schools, parks, and quick freeway access
- **Transport:** Proximity to public transport ensures a smooth commute
#### Lifestyle Benefits:
Situated in a dynamic and rapidly developing neighborhood, this block offers endless possibilities for creating a comfortable and convenient lifestyle. Whether you're looking to build your forever home or an investment property, this location guarantees a blend of tranquility and urban convenience.
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Property Details for 8 Rita Cres, Brookfield

Building Type
Land
Land Size
350m2

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About Brookfield 3338

The size of Brookfield is approximately 10.7 square kilometres. It has 21 parks covering nearly 19.9% of total area. The population of Brookfield in 2011 was 6,104 people. By 2016 the population was 9,209 showing a population growth of 50.9% in the area during that time. The predominant age group in Brookfield is 0-9 years. Households in Brookfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brookfield work in a clerical occupation. In 2011, 75.7% of the homes in Brookfield were owner-occupied compared with 68.1% in 2016.

Brookfield has 4,328 properties. Over the last 5 years, Houses in Brookfield have seen a 28.41% increase in median value, while Units have seen a 18.62% increase. As at 31 August 2024:

  • The median value for Houses in Brookfield is $594,839 while the median value for Units is $444,691.
  • Houses have a median rent of $450 while Units have a median rent of $420.
There are currently 53 properties listed for sale, and 15 properties listed for rent in Brookfield on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Brookfield.

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Shubham Rana
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RELIANCE REAL ESTATE MELTON
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