77 Cypress AvenueBrooklyn VIC 3012
Property Details for 77 Cypress Ave, Brooklyn
77 Cypress Ave, Brooklyn is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 732m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (July 2024)
This outstanding opportunity with plenty of potential means this spacious home on a sizeable allotment of 732m2 approx. positioned in a popular Brooklyn locale will appeal for home buyers looking for a renovation project or investors and developers wanting to build units/townhouses (STCA). Lease out now whilst formulating plans and permits to build later.
The spacious floor-plan offers an inviting living room, a zone kitchen with meals area and 3 bedrooms serviced by a central bathroom. Outside has a shed and a huge backyard further highlights the opportunity to pursue this brilliant home with plenty of scope to the future.
As for location, positioned in one of Brooklyn's most highly sought after streets; you will be literally moments from the city bound freeway on-ramp, Altona Gate Shopping Centre and Sixteen Shops. Brooklyn is coming into its own, with families and first home buyers moving to the area.
Property History for 77 Cypress Ave, Brooklyn, VIC 3012
- 24 Aug 2023Listed for Sale $950,000
- 10 Apr 2021Sold for $987,000
- 11 Feb 2021Listed for Sale $870,000 - $920,000
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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 1,946 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.
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