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Sold on 08 Jul 2024 for $495,000

5/579-581 Geelong Road
Brooklyn VIC 3012

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 171m2
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Property Details for 5/579-581 Geelong Rd, Brooklyn

5/579-581 Geelong Rd, Brooklyn is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 171m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Brooklyn in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
76m2
Land Size
171m2
Local Government
Hobsons Bay
Lot/Plan
5/PS631059

Last Listing description (July 2024)

Welcome to this inviting 2-bedroom, 1 bathroom villa unit nestled in the vibrant neighbourhood of Brooklyn. Offering space and natural light, this property is a perfect blend of comfort and convenience, making it an ideal choice for both investors and owner-occupiers.
Step inside and be greeted by the carpeted bedrooms, providing a cozy and relaxing atmosphere. The built-in robes offer ample storage space, ensuring a clutter-free living environment. The large central bathroom is tastefully designed and easily accessible from both bedrooms.
Enjoy year-round comfort with the split system reverse cycle air conditioning, allowing you to create the perfect ambiance in every season. The spacious private courtyard is a delightful retreat, providing an outdoor oasis for relaxation and entertainment.

Convenience is paramount with the lock-up garage, offering secure parking and peace of mind. No more worries about street parking or the safety of your vehicle.
Located in the desirable suburb of Brooklyn, you'll have easy access to a range of amenities including shopping centres, cafes, and restaurants and easy access to the Princess freeway.
Don't miss out on this charming villa unit. Contact our dedicated real estate team today to arrange a private viewing or to obtain more information.

Property History for 5/579-581 Geelong Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$495,000
08 Jul 2024
Listed for Rent
$330/w
01 Jul 2020
  • 08 Jul 2024
    Sold for $495,000
  • 04 Jul 2023
    Listed for Sale $480,000 - $515,000
  • 10 Jun 2020
    Listed for Rent $330 / week
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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 1,879 properties. Over the last 5 years, Houses in Brooklyn have seen a 14.32% increase in median value, while Units have seen a 15.76% increase. As at 31 July 2024:

  • The median value for Houses in Brooklyn is $803,204 while the median value for Units is $583,599.
  • Houses have a median rent of $530 while Units have a median rent of $485.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Brooklyn.

Suburb Insights for Brooklyn 3012

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Michael Tsigeridis
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Saade Ghazi
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Hunter French Real Estate
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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.