SOLD
Sold on 16 Jul 2024 for $592,500

404/5 Union Street
Brunswick VIC 3056

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
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Property Details for 404/5 Union St, Brunswick

404/5 Union St, Brunswick is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Brunswick in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
63m2
Local Government
Merri-Bek
Lot/Plan
404/PS636613

Last Listing description (August 2024)

Expressions of Interest Closing Thu 8th Aug 12pm

Boasting a huge 60 square metres of Internal living. The open plan living dining opens up to a 40 square metre north/east facing top floor balcony totalling 100m2 of usable living space. City and local views are accentuated by the 3 metre ceiling height. A block back from Sydney Road this top floor apartment is situated in the heritage Buffalo Sports Factory Complex offering a warehouse facade. Easy walking distance to bars, restaurants, cafes and boutique shops. Brunswick is a vibrant and multicultural inner-city location. close to multiple transport routes - Jewel Station, route 19 trams and Sydney Road Buses. Well appointed kitchen comprising of stone benchtops, stainless steel oven with gas cooktop, and integrated dishwasher.
Other features include: lift access, secure undercover parking, above-bonnet storage, euro laundry, air conditioning, roller blinds, video intercom and lift access. This one-off apartment caters for singles, couples and investors. The large balcony with the Melbourne city skyline is the perfect space for entertaining. For the investor there is still 30 years of depreciation allowances. Low strata fees of $815 per quarter.

Property History for 404/5 Union St, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$592,500
16 Jul 2024
Listed for Rent
$450/w
05 Aug 2022
  • 16 Jul 2024
    Sold for $592,500
  • 16 Jul 2024
    Sold for $592,500
  • 11 Jul 2024
    Listed for Sale $500,000 - $550,000
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About Brunswick 3056

The size of Brunswick is approximately 5 square kilometres. It has 22 parks covering nearly 5.2% of total area. The population of Brunswick in 2011 was 22,763 people. By 2016 the population was 24,468 showing a population growth of 7.5% in the area during that time. The predominant age group in Brunswick is 20-29 years. Households in Brunswick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick work in a professional occupation. In 2011, 49.8% of the homes in Brunswick were owner-occupied compared with 46.4% in 2016.

Brunswick has 17,083 properties. Over the last 5 years, Houses in Brunswick have seen a 27.76% increase in median value, while Units have seen a 8.48% increase. As at 31 July 2024:

  • The median value for Houses in Brunswick is $1,289,462 while the median value for Units is $621,629.
  • Houses have a median rent of $700 while Units have a median rent of $540.
There are currently 68 properties listed for sale, and 45 properties listed for rent in Brunswick on OnTheHouse. According to CoreLogic's data, 731 properties were sold in the past 12 months in Brunswick.

Suburb Insights for Brunswick 3056

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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.