OFF MARKET

47 Union Street
Brunswick VIC 3056

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 397m2
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Property Details for 47 Union St, Brunswick

47 Union St, Brunswick is a 6 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 397m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Land Size
397m2
Local Government
Merri-Bek
Lot/Plan
1/TP237842

Last Listing description (August 2020)

Nestled within the heart of Brunswick lies this potential packed six, one bedroom apartments. Situated on a 399m2 approx block, this complex is the perfect canvas for a developer, astute investor or ready for renovators to work their magic. With plenty of upside to increase the value of this wonderful asset.

Potential rental return between $95,000 - $100,000 (approx) per year.


Unit 1 - Leased $1,434 per calendar month
Unit 2 - Leased $1,304 per calendar month
Unit 3 - Leased $1,391 per calendar month
Unit 4 - Leased $1,347 per calendar month
Unit 5 - Vacant Rental Appraisal - $1,300 per calendar month
Unit 6- Vacant Rental Appraisal - $1,300 per calendar month

The amenities that surround this location are endless; restaurants, cafes, and shops. Not to mention the easy access to Upfield Bike Path and public transport giving you the ability to reach Universities and Melbourne CBD at a moment's notice.








THISAUCTIONIS AN ONLINEAUCTION:

Given the safety measures around COVID-19, we are taking ourauctionscompletely online. You can now Watch, Bid and Buy online at thisauctionvia theAnywhereAuctionswebsite or app.To Register to Bid:Please visit theAnywhereAuctionswebsite or download the app and click on the "Register to Bid" button against this property. Registration takes five minutes and you will be able to bid online from the safety of your own home.To View thisauction:Please visit theAnywhereAuctionswebsite or download the app and click on the "View LiveAuction" button against this property.To find out more about the bidder registration process or bidding online through theAnywhereAuctionsplatform for thisauction, please visit the "How to bid" section of theAnywhereAuctionswebsite.Please contact us to find out more about our onlineauctions.

Property History for 47 Union St, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$1,810,000
11 Aug 2020
Listed for Rent
$85/w
11 May 1996
  • 11 Aug 2020
    Sold for $1,810,000
  • 17 Jul 2020
    Listed for Sale Auction Online
  • 17 Apr 2020
    Listed for Sale $1,900,000
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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 17,205 properties. Over the last 5 years, Houses in Brunswick have seen a 11.35% increase in median value, while Units have seen a 5.70% increase. As at 30 November 2024:

  • The median value for Houses in Brunswick is $1,258,383 while the median value for Units is $612,593.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 55 properties listed for sale, and 55 properties listed for rent in Brunswick on OnTheHouse. According to CoreLogic's data, 804 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.