SOLD
Sold on 22 Apr 2024 for $715,000

28/463A Somerville Road
Brooklyn VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 97m2
Land area: 191m2
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Property Details for 28/463a Somerville Rd, Brooklyn

Building Type
Commercial
Year Built
2001
Floor Size
97m2
Land Size
191m2
Local Government
Brimbank
Lot/Plan
28/PS744496

Last Listing description (October 2023)

Approx. 191sqm
3 phase power
Container height clearance

Staff Amenities
3 allocated parking spaces for this lot.

Lease Details:
Rent plus GST, plus Outgoings
Lease Terms: Flexible
Outgoings: Estimated $9,000 per annum (does not include water usages, electricity or internet)
Security Deposit: 3 Months' Rent + GST

Property History for 28/463a Somerville Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$715,000
22 Apr 2024
Listed for Rent
$30k/w
04 Oct 2023
  • 22 Apr 2024
    Sold for $715,000
  • 04 Oct 2023
    Listed for Rent $30,000 / year
  • 15 Sep 2016
    Sold for $368,500

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About Brooklyn 3012

The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2011 was 1,639 people. By 2016 the population was 1,863 showing a population growth of 13.7% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation. In 2011, 59.2% of the homes in Brooklyn were owner-occupied compared with 55.9% in 2016.

Brooklyn has 1,946 properties. Over the last 5 years, Houses in Brooklyn have seen a 9.06% increase in median value, while Units have seen a 14.22% increase. As at 31 October 2024:

  • The median value for Houses in Brooklyn is $812,279 while the median value for Units is $625,938.
  • Houses have a median rent of $560 while Units have a median rent of $485.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Brooklyn.

Suburb Insights for Brooklyn 3012

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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.