67 Stenhouse Avenue, Brooklyn VIC 3012
67 Stenhouse Avenue, Brooklyn VIC 3012
3 bed | 2 bath | 2 car | 629sqm land | no body corporate | north-facing balconies | zoned Bayside P-12
This property presents a rare configuration in Brooklyn: a detached house on a full 629sqm lot with no body corporate, offering genuine freehold independence. The 63% site coverage and north-facing balconies off all bedrooms provide a layout that competes well against newer townhouse stock, while the open-plan living with direct garden access and internal garage entry adds practical liveability. It serves best for owner-occupiers seeking space without strata constraints, or investors wanting low-maintenance land holding in a developing corridor.
The absence of flood, bushfire, or heritage overlays removes major holding risks, but the property sits at ground elevation 25m with roof height 10m, which may limit future subdivision potential without council variance. The estimated value of $851,000 against a listing band of $660,000โ$720,000 signals possible vendor discounting or condition-related pricing, creating a buying opportunity if structural and compliance checks confirm no deferred maintenance. Hold this property for land appreciation and rental yield, with the option to redevelop or extend once zoning permits.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 67 Stenhouse Avenue, Brooklyn VIC 3012
Market Insight:
Brooklyn is a transitioning industrial-residential suburb gaining traction with young buyers and investors, drawn by its proximity to the CBD and strong freeway connectivity. House prices show robust growth, supported by new developments and parkland amenities, while the unit market faces softer conditions. Its ongoing transformation and direct links to established inner-west hubs underpin its long-term potential, though the evolving market presents varied performance across property types.