FOR SALE
$760,000 - $820,000

627 Geelong Road
Brooklyn VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 700m2
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Auction Time
Sat 26 Oct 12:00 pm
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Prime Development Opportunity in Brooklyn!

Seize this rare chance to secure an approximate 700m2 parcel of land in one of Melbourne's most under valued suburbs close to the city. This exceptional block comes with town planning approval for three luxury townhomes allowing you to start your project immediately.
Plans and permits available on request.
Proposed Townhouse development:
Townhouse 1:
4 Bedroom.
3 Bathroom.
2 Living.
2 Car garage.
Approximately 19 squares.
Townhouse 2:
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Property Details for 627 Geelong Rd, Brooklyn

Building Type
Land
Land Size
700m2

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About Brooklyn 3012

The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2011 was 1,639 people. By 2016 the population was 1,863 showing a population growth of 13.7% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation. In 2011, 59.2% of the homes in Brooklyn were owner-occupied compared with 55.9% in 2016.

Brooklyn has 1,883 properties. Over the last 5 years, Houses in Brooklyn have seen a 9.08% increase in median value, while Units have seen a 10.25% increase. As at 30 September 2024:

  • The median value for Houses in Brooklyn is $804,546 while the median value for Units is $603,909.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Brooklyn.

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Ryley Grech
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William Pendlebury
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The Agency Altona
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