OFF MARKET

4 Lord Place
Braybrook VIC 3019

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Land area: 1486m2
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Last updated 18 Nov 2024
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Property Details for 4 Lord Pl, Braybrook

4 Lord Pl, Braybrook is a 6 bedroom, 2 bathroom House. The property has a land size of 1486m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
1486m2
Local Government
Maribyrnong
Lot/Plan
89/LP59123

Last Listing description (November 2024)

Introducing an extraordinary chance to acquire two adjacent houses simultaneously in the thriving suburb of Braybrook. With a combined nearly of 1500 square meters,

With a generous land size and favourable zoning, the potential for development is vast. Prospective buyers can explore options such as subdivision, townhouse development, duplex construction, or multi-unit dwellings (subject to council approval).

2 Lord Place comprises of:

• 4 bedrooms, lounge, 1 bath, 1 toilet and laundry.
• Land size: 692 m2
• Current rental return: $2,000/ month
4 Lord Place comprises of:
• 2 bedrooms, lounge, 1 bath, 1 toilet and laundry.
• Land size: 794 m2
• Current rental return: $1,516/ month
Key Features:
• Braybrook is experiencing rapid growth and transformation, making it an attractive destination for developers seeking to capitalize on Melbourne's expanding housing market.
• Situated in a desirable pocket of Braybrook, these properties offer proximity to essential amenities including both Home Co and Braybrook shopping centres, which includes Derrimut Gym and the nearby Braybrook College high school.
• With Melbourne's West side projected to continue growing, this investment presents an opportunity to meet the increasing demand for quality housing in well-connected suburban areas.
• Buying two adjacent houses simultaneously in Braybrook is a rare opportunity that offers significant advantages for developers and investors. By acquiring both properties, buyers can maximize the potential of the combined landholding and streamline the development process.
Don't miss out on this exceptional chance to secure two adjacent houses in Braybrook, Melbourne, offering unparalleled development potential. Whether you're a seasoned developer or a savvy investor, this is an opportunity not to be overlooked. Contact us today to arrange a viewing and explore the endless possibilities awaiting with this unique offering.

Property History for 4 Lord Pl, Braybrook, VIC 3019

A timeline of how this property has performed in the market
Last Sold
$855,000
26 Mar 2022
Listed for Rent
$295/w
03 Oct 2022
  • 10 Nov 2024
    Listed for Sale New Price $1,970,000 to $2,100,000
  • 13 Mar 2024
    Listed for Sale $2,100,000
  • 17 Aug 2022
    Listed for Rent $295 / 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 5,246 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 50 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.

Suburb Insights for Braybrook 3019

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.