SOLD
RECENT ADVICE
Sold on 10 Oct 2024 for $1,735,000

1 Passfield Street
Brunswick West VIC 3055

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 400m2
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Property Details for 1 Passfield St, Brunswick West

1 Passfield St, Brunswick West is a 6 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 6 bedroom Unit sold in Brunswick West in the last 12 months.

Building Type
Unit
Land Size
400m2
Local Government
Merri-Bek
Lot/Plan
2/LP22489

Last Listing description (October 2024)

Inspection By Appointment Only

Delivering astounding possibilities for the astute investor or developer, this mid-century complex of six apartments is a rare yet auspicious find. Held on one title spanning 376 sqm (approx.), the site yields an $81,000 rental income, promising a great investment to subdivide, flip, hold, redevelop, or build a luxury new home (STCA).


Capturing verdant views facing the sprawling Hudson Reserve, this site is bolstered by outstanding amenities, situated within an easy stroll to the Moonee Ponds Creek Trail, city-bound trams, Union Square shopping, and the Moonee Valley Racecourse, while minutes from Brunswick Secondary College and RMIT.

With car parking on site, the apartments offer the larger proportions of yesteryears solid-brick construction, delivering bright living rooms for easy relaxation and dining, enriched by large retro-styled kitchens, plus spacious, robed bedrooms with ensuite bathrooms.

An easy investment to hold for future years as is, or to renovate to maximise gains, the homes promise exciting future possibilities.

Property History for 1 Passfield St, Brunswick West, VIC 3055

A timeline of how this property has performed in the market
Last Sold
$1,735,000
10 Oct 2024
  • 10 Oct 2024
    Sold for $1,735,000
  • 11 Sep 2024
    Listed for Sale Contact agent for details

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About Brunswick West 3055

The size of Brunswick West is approximately 3.2 square kilometres. It has 17 parks covering nearly 5.4% of total area. The population of Brunswick West in 2011 was 13,148 people. By 2016 the population was 14,162 showing a population growth of 7.7% in the area during that time. The predominant age group in Brunswick West is 20-29 years. Households in Brunswick West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick West work in a professional occupation. In 2011, 51.5% of the homes in Brunswick West were owner-occupied compared with 49% in 2016.

Brunswick West has 9,623 properties. Over the last 5 years, Houses in Brunswick West have seen a 12.31% increase in median value, while Units have seen a -3.28% decrease. As at 30 November 2024:

  • The median value for Houses in Brunswick West is $1,226,197 while the median value for Units is $509,096.
  • Houses have a median rent of $675 while Units have a median rent of $475.
There are currently 31 properties listed for sale, and 20 properties listed for rent in Brunswick west on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in Brunswick west.

Suburb Insights for Brunswick West 3055

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Contact agent
Chris Kavadis
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Nick Walker
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RT Edgar Boroondara
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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.