OFF MARKET

291 Ballarat Road
Braybrook VIC 3019

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 555m2
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Last updated 18 Nov 2024
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Property Details for 291 Ballarat Rd, Braybrook

291 Ballarat Rd, Braybrook is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 555m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last transferred in March 2021.

Building Type
House
Year Built
1980
Floor Size
87m2
Land Size
555m2
Local Government
Maribyrnong
Lot/Plan
137/LP59119

Last Listing description (November 2024)

Positioned in a premium main-road location, 291 Ballarat Road, Braybrook, offers a rare and versatile opportunity for both investors and owner-occupiers. This property boasts exceptional exposure and accessibility, making it a standout choice for a range of potential uses.

Land Size: 555 Sqm (Approx.)

Key Features

Prime Location: Situated on Ballarat Road, one of the busiest arterial roads in the area, this property offers unparalleled visibility and convenience. The strategic position ensures easy access for residents.

Versatility: Ideal for a wide array of purposes, Whether you're looking to establish your dream home, or a rental income opportunity, this property delivers both.

Land and Space: Generous allotment of 555 sqm (approx.) that provides flexibility for future development (STCA) or creative renovation ideas.

Amenities Nearby: Close proximity to Braybrook Shopping Centre, local schools, public transport, and parks ensures convenience for both lifestyle and business needs.

Potential for Growth: With Braybrook continuing to see significant investment and development, this location promises long-term capital growth and strong rental returns.

This property is perfectly suited for an astute investor seeking a high-yield opportunity or an owner-occupier looking for a prominent location to establish their base. Properties like this are rare and highly sought after?don?t miss out on securing this prime piece of real estate!

Call Vikas on 0401 399 635 for further information or to inspect this property.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 291 Ballarat Rd, Braybrook, VIC 3019

A timeline of how this property has performed in the market
Last Transferred
30 Mar 2021
Listed for Rent
$480/w
01 Oct 2021
  • 18 Nov 2024
    Listed for Sale Not Disclosed
  • 13 Sep 2021
    Listed for Rent $479 / week
  • 30 Mar 2021
    Transferred
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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 5,246 properties. Over the last 5 years, Houses in Braybrook have seen a 8.04% increase in median value, while Units have seen a 19.39% increase. As at 31 October 2024:

  • The median value for Houses in Braybrook is $795,401 while the median value for Units is $641,354.
  • Houses have a median rent of $530 while Units have a median rent of $528.
There are currently 49 properties listed for sale, and 18 properties listed for rent in Braybrook on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Braybrook.

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