31 Spencer St, Brooklyn is a 3 bedroom, 1 bathroom House and was built in 2005. The property has a land size of 766m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
If it is a set and forget investment you're looking for then look no further with a new lease in place on this low maintenance investment option at $260p/w for 2 years.
The tenant is wonderful, he pays his rent on time all the time and treats the property as if it is his own! The property itself is a 3 bedroom home with vinyl clad exterior, aluminium windows, heat pump, walk-in-robe to the main and a built-in in bedroom 2, open plan kitchen/dining, big pantry, front and rear undercover decks, good size garden shed plus room for a big shed if you wish. The bathroom is neat and tidy, internal laundry.
For future potential, the house is built toward the rear of the block leaving room for an additional dwelling at the front (subject to council approval) so astute investors must take note here!
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:
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