SOLD
Sold on 03 Jul 2024 for $750,000

7/46-50 Buchanan Road
Brooklyn VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 265m2
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Property Details for 7/46-50 Buchanan Rd, Brooklyn

Building Type
Commercial
Land Size
265m2
Local Government
Hobsons Bay
Lot/Plan
7/PS606086

Last Listing description (December 2021)

- Convenient position next to Westgate Freeway access at Grieve Prd
- Only 12 min drive to CBD via Westgate Freeway.
- Ground level warehouse plus office mezzanine

- Upstairs air conditioned offices for 3 - 5 people plus significant storage areas
- Car parking on site with plenty of on street all day car parking

Contact Dylan on 0452 488 533 or Romanor on 0438 207 891 to discuss

Property History for 7/46-50 Buchanan Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$750,000
03 Jul 2024
Listed for Rent
$537/w
06 Dec 2021
  • 03 Jul 2024
    Sold for $750,000
  • 11 Oct 2021
    Listed for Rent - Price not available
  • 28 Apr 2020
    Listed for Rent $26,000 / year
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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 1,881 properties. Over the last 5 years, Houses in Brooklyn have seen a 13.44% increase in median value, while Units have seen a 13.22% increase. As at 31 August 2024:

  • The median value for Houses in Brooklyn is $812,381 while the median value for Units is $612,473.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Brooklyn.

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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.