OFF MARKET

77 Cypress Avenue
Brooklyn VIC 3012

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 732m2
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Last updated 2 Sep 2024
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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.

Building Type
House
Year Built
1950
Floor Size
105m2
Land Size
732m2
Local Government
Hobsons Bay
Lot/Plan
42/LP10576

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

A timeline of how this property has performed in the market
Last Sold
$987,000
10 Apr 2021
Listed for Rent
$360/w
15 Jan 2021
  • 24 Aug 2023
    Listed for Sale $950,000
  • 10 Apr 2021
    Sold for $987,000
  • 11 Feb 2021
    Listed 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 1,879 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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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.