Nestled at 2 McColl Court in the vibrant suburb of Brunswick West, this property boasts an enviable location that is sure to captivate investors and developers alike. Situated on a prime piece of land, this property promises an array of possibilities and potential, making it a unique opportunity in the real estate market.
The standout feature of this property is undoubtedly its exceptional location. Brunswick West is a highly sought-after area known for its convenient proximity to Melbourne's city center and an array of amenities. With public transportation options readily available and a range of local shops, cafes, and parks nearby, this property offers an unrivalled urban lifestyle. Residents can enjoy the best of both worlds a quiet suburban setting with easy access to the heart of Melbourne.
The land value of 2 McColl Court is a key selling point. It provides a generous and versatile canvas for development, offering a substantial footprint that can accommodate various construction possibilities. Whether you have a vision for a single-family dream home, a multi-unit development, or other investment prospects, this property's land value lays the foundation for turning your real estate aspirations into reality.
The potential for development on this property is boundless. Its favourable zoning and size allow for creative development options, catering to a wide range of interests and investment objectives. With the right vision and planning, this property could become a standout project that both maximizes its land value and aligns with the evolving landscape of Brunswick West.
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 9,547 properties. Over the last 5 years, Houses in Brunswick West have seen a 36.10% increase in median value, while Units have seen a 5.41% increase. As at 31 July 2024:
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