SOLD
Sold on 08 May 2024 for $550,000

5/1 Hillary Street
Braybrook VIC 3019

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 120m2
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Property Details for 5/1 Hillary St, Braybrook

Building Type
Commercial
Land Size
120m2
Local Government
Maribyrnong
Lot/Plan
13/PS612229

Last Listing description (November 2023)

Zed Real Estate is delighted to present 5/1 Hillary St, Braybrook, exclusively to the market. This property boasts a prime location in the tightly held Braybrook Proximity Estate, offering exceptional proximity to key routes such as the West Gate Freeway, Princess Highway, and Western Ring Road, all reachable in under 10 minutes. This thriving industrial hub in Melbourne's west has always been a prosperous area, thanks to its efficient layout and easy access to major arterial roads.

Property Highlights:
- Spacious 120 sqm* warehouse area

- Includes amenities with a kitchenette
- Three-phase power supply
- Motorized container height roller door
- Industrial 2 Zone (IN2Z)
- Three dedicated on-title parking spaces
- Reception area
- Comprehensive security system with cameras
- Gated for added security
- Option to retain pallet racking

For more information or to schedule an inspection, please reach out to Masud at 0418 840 079

Property History for 5/1 Hillary St, Braybrook, VIC 3019

A timeline of how this property has performed in the market
Last Sold
$550,000
08 May 2024
  • 08 May 2024
    Sold for $550,000
  • 13 Nov 2023
    Listed for Sale $590,000 -$649,000
  • 02 Jul 2019
    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 5,244 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 48 properties listed for sale, and 12 properties listed for rent in Braybrook on OnTheHouse. According to CoreLogic's data, 170 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.