501 Brooklyn Road, Brookfield, VIC 3338 | Property Value & History | OnTheHouse
OFF MARKET

501 Brooklyn Road
Brookfield VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20071m2
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Property Details for 501 Brooklyn Rd, Brookfield

Building Type
Land
Land Size
20071m2
Local Government
Melton
Lot/Plan
1/PS702397

Last Listing description (May 2026)

Raine & Horne Land Victoria proudly presents 501 Brooklyn Road, Brookfield - an exceptional opportunity set on over 5 acres of prime land within the Green Wedge A Zone.
Strategically positioned opposite the Melton West PSP, earmarked for future residential development, this property sits along the Urban Growth Boundary and is covered by Development Plan Overlay (DPO3). It offers an ideal blend of lifestyle appeal and long-term potential (STCA).
This property offers an outstanding opportunity for land bankers and savvy investors, positioned amid existing and future development parcels. Its adjacency to a proposed diamond intersection further strengthens its potential for future business or commercial use (STCA). The established Botanica Springs Estate, just 700 metres away, highlights the area's strong and continuing growth.

Key location highlights:
2.4 km to Woodgrove Shopping Centre and healthcare precinct
3.7 km to Melton Train Station
Approx. 45 minutes to Melbourne CBD
Approx. 40 minutes to Melbourne Tullamarine Airport

Adding to the long-term upside, Melton City Council has welcomed the Australian Government's $1 billion investment to upgrade the Western Highway between Melton and Caroline Springs, a project set to significantly benefit the surrounding region.

Please call Wendy at 0424 524 420 or Sukhraj Romana at 0433 092 727 or Harvir Hans at 0421 452 651.

DISCLAIMER: All stated dimensions are approximate. Information provided is for general purposes only and does not constitute representation by the vendor or agent. Please refer to the Victorian Government's Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 501 Brooklyn Rd, Brookfield, VIC 3338

A timeline of how this property has performed in the market
  • 11 Feb 2026
    Listed for Sale Not Disclosed
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About Brookfield 3338

The size of Brookfield is approximately 10.7 square kilometres. There are 21 parks, covering nearly 19.9% of the 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 4,550 properties. Over the last 5 years, Houses in Brookfield have seen a 16.41% increase in median value, while Units have seen a 21.96% increase. As at 31 July 2026:

  • The median value for Houses in Brookfield is $640,652 while the median value for Units is $484,550.
  • Houses have a median rent of $450 while Units have a median rent of $430.
There are currently 30 properties listed for sale, and 20 properties listed for rent in Brookfield on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Brookfield.

Suburb Insights for Brookfield 3338

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.