157 James Melrose DriveBrookfield VIC 3338
Property Details for 157 James Melrose Dr, Brookfield
157 James Melrose Dr, Brookfield is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 544m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (September 2024)
This four-bedroom home offers ample space and modern amenities, making it an attractive investment opportunity. Here's a detailed description:
Bedrooms:
The house boasts four spacious bedrooms, providing plenty of accommodation for a family or guests.
Additionally, the master bedroom includes an ensuite bathroom for added convenience and privacy.
Bathrooms:
In addition to the ensuite in the master bedroom, there are two bathrooms in total, ensuring that there's ample space for the household's needs.
Living Zones:
The house boasts multiple living zones, providing versatile spaces for relaxation, entertainment, and everyday living.
These living zones could include a formal lounge, a family room, a media room, or a study, catering to various lifestyle preferences.
Garage:
A double garage provides secure parking for two vehicles, offering convenience and protection from the elements.
Investment Opportunity:
With a two-year lease in place, this property presents a fantastic investment opportunity, offering a steady stream of rental income for the duration of the lease.
The property's desirable features, such as multiple bedrooms, modern amenities, and ample living space, are likely to attract tenants, ensuring high occupancy rates and potential for long-term returns.
Land Size:
Situated on a 544m² land parcel, this property offers a sizable outdoor area for potential landscaping, outdoor entertaining, or future expansion possibilities.
Overall, this four-bedroom home with multiple living zones, double garage, and attractive lease terms presents a compelling investment opportunity in a desirable location.
Property History for 157 James Melrose Dr, Brookfield, VIC 3338
- 18 Aug 2024Sold for $491,600
- 16 Apr 2024Listed for Sale $490,000- $520,000
- 29 Aug 2016Listed for Rent - Price not available
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0About Brookfield 3338
The size of Brookfield is approximately 10.7 square kilometres. It has 21 parks covering nearly 19.9% of total area. The population of Brookfield in 2016 was 9216 people. By 2021 the population was 10782 showing a population growth of 17.0% in the area during that time. The predominant age group in Brookfield is 0-9 years. Households in Brookfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brookfield work in a trades occupation.In 2021, 68.00% of the homes in Brookfield were owner-occupied compared with 68.10% in 2016.
Brookfield has 4,547 properties. Over the last 5 years, Houses in Brookfield have seen a 27.44% increase in median value, while Units have seen a 28.30% increase. As at 30 November 2025:
- The median value for Houses in Brookfield is $646,326 while the median value for Units is $470,287.
- Houses have a median rent of $450 while Units have a median rent of $434.
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