17-19 Collins StreetBrooklyn TAS 7320
Property Details for 17-19 Collins St, Brooklyn
17-19 Collins St, Brooklyn is a bedroom, bathroom Unit. The property has a land size of 1376m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (October 2013)
Complex of 3 On Collins
What a super deal for your super fund when you invest in this Strata unit complex built 1977 consisting of two 2 bedroom units and one 3 bedroom unit. A complex like this will appeal to both savvy and first time investors and is an opportunity not to be missed. The unit complex is located minutes from Burnies CBD and has access to public transport virtually at the front door!
Set on a low maintenance block, maintained by the current owner, the neat north facing units enjoy a lovely treed outlook. The complex itself provides practical accommodation for a range of tenants. Each unit consists of an open-plan kitchen- living area, plenty of storage in the bedrooms, compact laundry/bathroom combination, separate toilet. The kitchen areas are well laid out, with plenty of preparation space and a breakfast bench for casual dining.
Key Investment Factors Include:
- Combined Weekly Rent $510
- Gross Yield: 6.94%
- Fully occupied
- Can be sold individually
What the current tenants love
- Close to CBD/transport
- Quiet area/complex
- Easy to look after, no yard to maintain
- Reasonable rent
Property History for 17-19 Collins St, Brooklyn, TAS 7320
- 17 Jul 2013Listed for Sale $382,000
- 17 Dec 2009Sold for $250,000
- 09 Sep 2003Sold for $69,000
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0About 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 61.87% increase in median value, while Units have seen a 77.07% increase. As at 31 October 2024:
- The median value for Houses in Brooklyn is $383,157 while the median value for Units is $339,510.
- Houses have a median rent of $355 while Units have a median rent of $160.
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