18 Primula Avenue, Brooklyn, VIC 3012 | House for sale | OnTheHouse
 
FOR SALE
AUCTION / $1,099,000 - $1,199,000

18 Primula Avenue
Brooklyn VIC 3012

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 699m2
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Auction Time
Sat 28 Feb 3:00 pm
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Prime Prospects in an Ideal Position | Exceptional Development Potential (STCA)

An outstanding opportunity presents itself in one of Brooklyn's most convenient and fast-evolving pockets, offering immediate income today and exceptional future upside tomorrow. Set on a generous approximately 700m² allotment, this classic three-bedroom residence is currently leased at $720 per week, making it an attractive proposition for investors, developers, and owner-occupiers alike.
Invest Now, Develop Later (STCA)
A key highlight for investors and developers is the strong holding income, with the property returning $720 per week while future plans are explored. The land size, dimensions, and surrounding development activity provide a compelling opportunity to pursue a multi-dwelling development of up to four dwellings (STCA).
Importantly, subdivision precedent is well established, with a significant portion of the street already subdivided and redeveloped, reinforcing the feasibility and long-term potential of this site (STCA).
Liveable Today, Limitless Tomorrow
The existing home is well-maintained and comfortably liveable, allowing buyers to:
Move in immediately
Renovate and add value
Hold as a high-yield investment
Redevelop or build a dream home in the future (STCA)
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Property Details for 18 Primula Ave, Brooklyn

18 Primula Ave, Brooklyn is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a floor size of 699m2. The place is currently for sale with YPA POINT COOK.

Building Type
House
Floor Size
699m2
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About Brooklyn 3012

The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2016 was 1856 people. By 2021 the population was 1979 showing a population growth of 6.6% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation.In 2021, 57.40% of the homes in Brooklyn were owner-occupied compared with 55.90% in 2016.

Brooklyn has 2,036 properties. Over the last 5 years, Houses in Brooklyn have seen a 12.93% increase in median value, while Units have seen a 10.27% increase. As at 31 January 2026:

  • The median value for Houses in Brooklyn is $928,110 while the median value for Units is $621,179.
  • Houses have a median rent of $565 while Units have a median rent of $505.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Brooklyn on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Brooklyn.

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Nirav Gupta
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Sachin Goyat
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YPA POINT COOK
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