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Sold on 15 Jul 2024 for $345,000

111/251 Ballarat Road
Braybrook VIC 3019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 111/251 Ballarat Rd, Braybrook

111/251 Ballarat Rd, Braybrook is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Braybrook in the last 12 months.

Building Type
Apartment
Local Government
Maribyrnong
Lot/Plan
111/PS635818

Last Listing description (July 2024)

Drenched in natural light this spacious two-bedroom apartment is ideal for first-time buyers, downsizers, or investors looking for a comfortable and convenient lifestyle.

The apartment includes two bedrooms with built-in robes and wall heaters, a generous bathroom with a separate powder room, and an open-plan living/dining area that opens to a sizable terrace. The modern kitchen is equipped with an electric oven, gas cooktop, dishwasher, and Euro laundry. Additional amenities include split-system heating and cooling, a secure basement car space, storage cage, intercom, and CCTV security.

Conveniently located just 8km from Melbourne CBD, the property offers easy access to public transport with a bus stop at the doorstep, various schooling options including universities, and close proximity to Central West Plaza and Highpoint Shopping Centre. Whether you're starting your homeownership journey or seeking a smart investment, this property is an excellent choice.

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Property History for 111/251 Ballarat Rd, Braybrook, VIC 3019

A timeline of how this property has performed in the market
Last Sold
$345,000
15 Jul 2024
Listed for Rent
$380/w
28 Sep 2023
  • 15 Jul 2024
    Sold for $345,000
  • 18 Jun 2024
    Listed for Sale Under offer.
  • 29 Aug 2023
    Listed for Rent $380 / week
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About Braybrook 3019

The size of Braybrook is approximately 4.3 square kilometres. It has 12 parks covering nearly 10.5% of total area. The population of Braybrook in 2011 was 8,180 people. By 2016 the population was 9,187 showing a population growth of 12.3% in the area during that time. The predominant age group in Braybrook is 20-29 years. Households in Braybrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braybrook work in a labourer occupation. In 2011, 49.2% of the homes in Braybrook were owner-occupied compared with 46.2% in 2016.

Braybrook has 5,213 properties. Over the last 5 years, Houses in Braybrook have seen a 10.82% increase in median value, while Units have seen a 21.84% increase. As at 30 September 2024:

  • The median value for Houses in Braybrook is $797,200 while the median value for Units is $644,770.
  • Houses have a median rent of $530 while Units have a median rent of $525.
There are currently 46 properties listed for sale, and 14 properties listed for rent in Braybrook on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Braybrook.

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