SOLD
Sold on 14 May 2024 for $950,000

10 Raylee Place
Lynbrook VIC 3975

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 378m2
Land area: 401m2
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Property Details for 10 Raylee Pl, Lynbrook

Building Type
Commercial
Floor Size
378m2
Land Size
401m2
Local Government
Casey
Lot/Plan
10/PS614691

Last Listing description (November 2019)

Near new and well-presented warehouse, office and showroom located in the heart of Lynbrook's commercial estate.

Property features:


- High clearance warehouse
- Electric roller door
- Dual level modern office
- Air-conditioning
- Allocated parking
- Well-presented complex Minutes from Monash Fwy & South Gippsland Fwy

Contact agent below for an inspection now.

Property History for 10 Raylee Pl, Lynbrook, VIC 3975

A timeline of how this property has performed in the market
Last Sold
$950,000
14 May 2024
Listed for Rent
$34k/w
25 Oct 2019
  • 14 May 2024
    Sold for $950,000
  • 24 Jul 2019
    Listed for Rent $34,127 / year
  • 23 Apr 2019
    Listed for Rent - Price not available
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About Lynbrook 3975

The size of Lynbrook is approximately 4.1 square kilometres. It has 19 parks covering nearly 13% of total area. The population of Lynbrook in 2011 was 6,771 people. By 2016 the population was 8,531 showing a population growth of 26.0% in the area during that time. The predominant age group in Lynbrook is 0-9 years. Households in Lynbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynbrook work in a professional occupation. In 2011, 84.3% of the homes in Lynbrook were owner-occupied compared with 80.5% in 2016.

Lynbrook has 3,190 properties. Over the last 5 years, Houses in Lynbrook have seen a 41.81% increase in median value, while Units have seen a 24.09% increase. As at 31 July 2024:

  • The median value for Houses in Lynbrook is $920,770 while the median value for Units is $609,605.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Lynbrook on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Lynbrook.

Suburb Insights for Lynbrook 3975

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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.