OFF MARKET

40 Conifer Avenue
Brooklyn VIC 3012

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 725m2
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Property Details for 40 Conifer Ave, Brooklyn

40 Conifer Ave, Brooklyn is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 725m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1960
Floor Size
158m2
Land Size
725m2
Local Government
Hobsons Bay
Lot/Plan
391/LP10575

Last Listing description (March 2024)

Executive Summary
Planning permit endorsed provided the opportunity for unit development for three dwellings. Each double story Dwelling is ranging from 15.92sq - 19.58sq built consist of 4, 3 bedrooms respectively.

Finish product is in high demand considering dynamics of the area. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily couples and are likely to be affording mortgage repayments. In general, people in Brooklyn work in a professional occupation Suggest Owner occupancy is way to go for this area and great prospect for propsed development product.

Planning Permit Details

Permit No:PA210476
Hobsons Bay Planning Scheme
Responsible Authority: Hobsons Bay City Council
ADDRESS OF THE LAND: 40 Conifer Ave, Brooklyn Vic 3012
THIS PERMIT ALLOWS: - The construction of two or more dwellings on a lot
under clause 32.09-6 (three dwellings) in accordance with
the endorsed plans

About This Property
This home situated just a short 12kms from the Melbourne CBD in the sort after suburb of Brooklyn. Being on 760Sqm would make this a perfect purchase for investment /development.

Current dwelling, backs on to the Federation Trail, offering 4 spacious bedrooms, including an ensuite in the master, and a further 2 bathrooms (with separate toilet) plus a separate study situated, this home is ideal for rental.while implementing the development.

Be welcomed into the large open living space, with a central kitchen and meals area, complemented with ducted heating, gas appliances and dishwasher. Head into the generously sized back yard and find a large garage and workshop with carport space for up to 3 cars.

This is a must inspect property if you are looking for a family home, investment or development site. Dont miss out on this one.

Additional Information
An incredible opportunity for the developer to acquire this exceptional "two-faced coin" property, with current day rental gains and an eye to future development -. The other side of coin takes us into the future with planning permit endorsed . Explore the Development of multi unit and absolutely maximise the potential of this City-edge position.

* DISCLAIMER: All information contained herein is gathered from sources we consider to be reliable. However , we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. Property is to be sold as existing house as sighted . All render Images are just Artist impressions only for Marketing purposes.

Property History for 40 Conifer Ave, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$860,000
10 Dec 2020
Listed for Rent
$380/w
28 Jul 2019
  • 15 Feb 2024
    Listed for Sale Enquire Agent
  • 03 Sep 2023
    Listed for Sale Not Disclosed
  • 10 Dec 2020
    Sold for $860,000
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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 1,945 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 17 properties listed for sale, and 4 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 96 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.