SOLD
RECENT ADVICE
Sold on 24 Mar 2024 for $650,000

9/463A Somerville Road
Brooklyn VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 200m2
Land area: 288m2
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Property Details for 9/463a Somerville Rd, Brooklyn

Building Type
Commercial
Floor Size
200m2
Land Size
288m2
Local Government
Brimbank
Lot/Plan
9/PS744496

Last Listing description (March 2024)

Excellent opportunity to secure this modern high clearance warehouse within this tightly held industrial pocket of Brooklyn, proving excellent access to all major arterial roads and freeways.

- Secured lease until December 2025 with aprox 5% return
- Building area: 288sqm*

- 2 High clearance roller door
- 4 allocated car parking spaces
- Security gate access
- Prime Brooklyn locality
- Industrial 3 zoning
- Easy access to city and freeway

Contact Rachel today for inspection!

Property History for 9/463a Somerville Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Mar 2024
  • 28 Feb 2024
    Sold for $650,000
  • 27 Jan 2024
    Listed for Sale $680,000
  • 27 Aug 2020
    Sold for $462,195

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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 1,884 properties. Over the last 5 years, Houses in Brooklyn have seen a 13.44% increase in median value, while Units have seen a 13.22% increase. As at 31 August 2024:

  • The median value for Houses in Brooklyn is $812,381 while the median value for Units is $612,473.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Brooklyn.

Suburb Insights for Brooklyn 3012

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Contact agent
Rachel Doan
Show contact details
Richard Miller
Show contact details
Raine & Horne Footscray
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.