OFF MARKET

16 Collins Street
Brooklyn TAS 7320

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 926m2
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Property Details for 16 Collins St, Brooklyn

Building Type
Land
Land Size
926m2
Local Government
Burnie

Last Listing description (August 2015)

FOUR UNITS RETURNING $810 PER WEEK, $42120 P/A WITH RATES, WATER AND OUTGOINGS STILL RETURNING A NET ANNUAL INCOME OF $32840.THIS REPRESENTS 5.4% RETURN ON INVESTMENT WITH INCREASES IN RENT IN THE FUTURE ONLY IMPROVING THAT RETURN.EACH UNIT HAS 2 BEDROOMS, LARGE OPEN PLAN KITCHEN/LIVING ROOMS,FULL BATHROOM AND LAUNDRY. A CARPORT IS AVAILABLE FOR EACH UNIT WITH UNIT 5 OFFERING A GARAGE UNDER. EACH UNIT HAVE SMALL GARDEN AREA WITH 1 AND 5 HAVING MORE GROUND .ALTERNATIVELY LIVE IN ONE AND COLLECT THE RENT.DO YOUR SUMS, CALL NOWJOHN ABELL : 0408 140 033

Property History for 16 Collins St, Brooklyn, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$6,500
15 Feb 1989
  • 27 Apr 2015
    Listed for Sale $159500
  • 15 Feb 1989
    Sold for $6,500
  • 03 May 1988
    Sold for $2,250

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About Brooklyn 7320

The size of Brooklyn is approximately 0.4 square kilometres. It has 1 park covering nearly 6.9% of total area. The population of Brooklyn in 2011 was 606 people. By 2016 the population was 565 showing a population decline of 6.8% in the area during that time. The predominant age group in Brooklyn is 20-29 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brooklyn work in a trades occupation. In 2011, 68.2% of the homes in Brooklyn were owner-occupied compared with 63.8% in 2016.

Brooklyn has 321 properties. Over the last 5 years, Houses in Brooklyn have seen a 70.62% increase in median value, while Units have seen a 75.20% increase. As at 31 August 2024:

  • The median value for Houses in Brooklyn is $390,718 while the median value for Units is $325,199.
  • Houses have a median rent of $340 while Units have a median rent of $160.
There are currently 4 properties listed for sale, and no properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Brooklyn.

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