SOLD
Sold on 21 May 2024 for $710,000

50 Millers Road
Brooklyn VIC 3012

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 94m2
Land area: 696m2
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Property Details for 50 Millers Rd, Brooklyn

50 Millers Rd, Brooklyn is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 696m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Brooklyn in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
94m2
Land Size
696m2
Local Government
Hobsons Bay
Lot/Plan
363/LP10576

Last Listing description (January 2024)

Its all about the numbers:
Land size 700m2 PLUS 10km from the City = DREAM BLOCK. Absolute no brainer!
Welcome to your dream development property in popular Brooklyn! With dimensions (697m2 approx) that invite many ideas and price to please your accountant, make the call to your architect now and let him plan out your future here. And while you're waiting for the plans, why not start collecting some rental income now with the exisitng 3 bedroom family home, located just a short walk from the coveted Federation Trail, the state-of-the-art Brooklyn Reserve Play Space and bus stop only a few metres away.

Perfect for families, investors, and developers, the home features a functional floorplan with a central kitchen, central bathroom, separate toilet, and sizeable laundry. The long driveway provides access to a spacious backyard with a deep and wide garden, offering plenty of room for sub-dividing (STCA) or further improvements to create an impressive family home.

This is a great investment opportunity with proven strong returns over time, making it an ideal entry point into the Brooklyn market. Enjoy the convenience of Altona Gate Shopping Centre, trendy cafes in Yarraville & Seddon, and easy freeway access to the CBD in just 10 minutes.

Call Tassie on 0425847731 for more information

Our signs are everywhere... For more Real Estate in Altona North contact your real estate specialists!
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 50 Millers Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$710,000
21 May 2024
  • 21 May 2024
    Sold for $710,000
  • 25 Aug 2022
    Sold for $680,000
  • 30 Mar 2022
    Listed for Sale $600,000 - $660,000
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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 1,882 properties. Over the last 5 years, Houses in Brooklyn have seen a 9.08% increase in median value, while Units have seen a 10.25% increase. As at 30 September 2024:

  • The median value for Houses in Brooklyn is $804,546 while the median value for Units is $603,909.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 80 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.