Back 40/18 Cochrane St
Off Market

40/18 Cochrane St

Brighton VIC 3186

1
1
1
Apartment
Spiro VasiliadisSpiro Vasiliadis, last sold this property on 09 October 2020 after 239 days on market.

Overview

Excellent first home or investment

Attention investors here's a great opportunity to secure a property with a potential rental yield of over 4.3%. These figures are based on the previous lease of $1,347 per calendar month or $310 per week. Are you a first home seeker with a passion for lifestyle? An astute investor on the lookout for 'set and forget' returns? Perhaps you're searching for a secure CBD base that's both quiet and private yet offers excellent amenities at the doorstep. Just meters from Bay Street in a secure gated block, this spacious and bright single bedroom apartment fulfils all these priorities and more! Peacefully tucked away on the first floor (top floor) at the rear, green leafy surroundings provide a lovely tranquil backdrop for stylish accommodation that includes open living/dining areas with a stone topped kitchen featuring stainless steel appliances and dishwasher, a light filled double bedroom with floor to ceiling BIRs/storage, spotless bathroom with laundry taps, timber floors, reverse cycle heating/cooling and convenient secure parking. Meters to Bay Street's shops, supermarkets and eateries, North Brighton Station, Palace Cinema and Cora Lynn Park, easy walk to Firbank, Brighton Grammar and Brighton Primary with Church Street shopping, the beach, Middle Brighton Pier and a host of other bayside attractions available within minutes.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Brighton over the last 12 months, the estimated median property value of 40/18 Cochrane St is $445k.

Median value
$445k
Estimated value range
$345k - $675k
Median days on market
31
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Brighton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/18 Cochrane St

2024
Rented
Undisclosed
Leased on 31 Oct 2024 by OBrien Real Estate Bentleigh
2022
Rented
Undisclosed
Leased on 17 Jan 2022 by Buxton Brighton
2020
Sold
Undisclosed
Private Sale/Treaty on 09 Oct 2020 by Spiro Vasiliadis, of Jellis Craig Bayside Glen Eira – Brighton

Happy sellers in Brighton

76%
76% of sellers in Brighton reported that their sale price either exceeded or met their price expectations.

Brighton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 63 reviews in Brighton over the last 12 months.

Local market activity for 1 bedroom apartments in Brighton

In the last 12 months, 17 one-bedroom apartments similar to 40/18 Cochrane St, have been sold.

This represents a 39% increase in one-bedroom apartments sales when compared to the previous 12 months.

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