5/16 Collins StreetBrooklyn TAS 7320
Property Details for 5/16 Collins St, Brooklyn
5/16 Collins St, Brooklyn is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 384m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2001.
Last Listing description (April 2015)
SAFE SOLID SECURE WITH 5.1% RETURN.
FOUR UNITS RETURNING $810 PER WEEK, $42120 P/A WITH RATES, WATER AND OUTGOINGS STILL RETURNING A NET ANNUAL INCOME OF $32840.THIS REPRESENTS 5.4% RETURN ON INVESTMENT WITH INCREASES IN RENT IN THE FUTURE ONLY IMPROVING THAT RETURN.EACH UNIT HAS 2 BEDROOMS, LARGE OPEN PLAN KITCHEN/LIVING ROOMS,FULL BATHROOM AND LAUNDRY. A CARPORT IS AVAILABLE FOR EACH UNIT WITH UNIT 5 OFFERING A GARAGE UNDER. EACH UNIT HAVE SMALL GARDEN AREA WITH 1 AND 5 HAVING MORE GROUND .ALTERNATIVELY LIVE IN ONE AND COLLECT THE RENT. DO YOUR SUMS, CALL NOW
Property History for 5/16 Collins St, Brooklyn, TAS 7320
- 11 Apr 2015Listed for Sale $599,000
- 02 Mar 2015Listed for Sale $619,000
- 13 Feb 2011Listed for Sale $169500
Recent sales nearby
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0About Brooklyn 7320
The size of Brooklyn is approximately 0.4 square kilometres. It has 1 park covering nearly 6.9% of total area. The population of Brooklyn in 2016 was 553 people. By 2021 the population was 534 showing a population decline of 3.4% in the area during that time. The predominant age group in Brooklyn is 20-29 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brooklyn work in a community and personal service occupation.In 2021, 65.40% of the homes in Brooklyn were owner-occupied compared with 63.80% in 2016.
Brooklyn has 319 properties. Over the last 5 years, Houses in Brooklyn have seen a 78.45% increase in median value, while Units have seen a 58.70% increase. As at 30 November 2025:
- The median value for Houses in Brooklyn is $476,670 while the median value for Units is $365,532.
- Houses have a median rent of $420 while Units have a median rent of $160.
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