SOLD
Sold on 17 Jul 2024 for $670,000

629 Geelong Road
Brooklyn VIC 3012

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 697m2
Sold By
Trimson Partners
Save

Property Details for 629 Geelong Rd, Brooklyn

629 Geelong Rd, Brooklyn is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 697m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Brooklyn in the last 12 months.

Building Type
House
Floor Size
121m2
Land Size
697m2
Local Government
Hobsons Bay
Lot/Plan
62/LP10576

Last Listing description (July 2024)

A golden opportunity like this in one of Melbourne's rapidly developing suburbs doesn't come along often. Nestled on a substantial parcel of land measuring approximately 696sqm, this property is brimming with potential. You could also refurbish the existing dwelling and construct another at the rear or you may opt to completely start again and go for a multi-unit development (STCA).

In terms of location, you will be just moments from the city-bound freeway on-ramp, Altona Gate Shopping Centre, and Sixteen Shops. Brooklyn is quickly becoming a sought-after area, with families and first-time homebuyers flocking to the suburb. As demand for this suburb has surged over the years, buyers are recognizing that it offers all the benefits of Yarraville, Altona North, and Newport, but at a fraction of the cost. Properties like these are rare; capitalize on the massive potential in an area undergoing significant transformation into a coveted lifestyle pocket with easy access to everything you could ever need.

Property History for 629 Geelong Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$670,000
17 Jul 2024
Listed for Rent
$170/w
20 Sep 2006
  • 17 Jul 2024
    Sold for $670,000
  • 28 May 2024
    Listed for Sale $695.000.00
  • 12 Jul 2006
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 17 properties listed for sale, and 4 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

Market Insights
Brooklyn Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Brooklyn Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.