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492 Victoria Street, Brunswick West$4.50m
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492 Victoria Street

Brunswick West, VIC 3055, Australia
$4.50m
1900 m²

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About this property

Set alongside the WestWyck community, 492 Victoria Street, Brunswick West (approximately 1,900sqm) is a rare opportunity to secure half of a former school building preserved in its original form and rich with authentic character it's now ready to be reimagined for its next chapter. Once Brunswick West Primary School, it has now been divided into two sites on separate titles, with one half up for sale. The property has been untouched and maintains its school building charm, and stands independently from its neighbour WestWyck Eco Village which occupies the other half of the former school grounds. The portion for sale has all the original school infrastructure, comprising six classrooms each with heating and connected by a central hallway. While this portion of the school building remains unrenovated, the former hall, spanning the full width of the courtyard, has been converted into a home, offering insight into how the property can be converted while maintaining its original integrity. Soaring ceilings and oversized original windows flood the interiors with natural light, while timber reflects the building's era. The original kitchen, along with bathroom and laundry facilities, remain in place making it practical and true to its heritage. Constructed of solid double brick and surrounded by established, thoughtfully landscaped indigenous gardens and easy vehicle access via two established crossovers, along with off-street parking. Neighbouring the renowned WestWyck Eco Village, this half of the school sits as a quiet oasis within the suburb, offering a distinct village-like atmosphere just moments from local cafés, parks, Sydney Road and public transport. An elevated position further enhances its appeal, capturing pleasant outlooks with the CBD only a short distance away. This is a rare opportunity for those who think beyond the conventional. Whether envisioned as a creative hub, gallery, wellness or yoga studio, co-working environment, community facility, or even returned to its educational roots as a daycare or small-scale school, the foundations are already here. It also presents a compelling opportunity for a highly individual residential conversion or multi-generational living (STCA). Rich in history and remarkable in scale, this is truly an opportunity of a lifetime ready for vision, transformation, and a new legacy.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1900 m²
Listed
2 months ago

Repayment calculator

$21,816/month
$10,908 /fortnight
Loan $3,600,000 at 6.10% over 30 years

Upfront costs

Deposit$900,000
Stamp duty$272,500
Conveyancing (est.)$2,000
Total upfront$1,174,500
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Brunswick West

This land in Brunswick West, VIC 3055 sits within reach of public transport, local shops and nearby schools. It is listed 483% above the $772,500 median of 59 comparable landswithin 5 km.

Schools near Brunswick West

  • Brunswick North Primary Schoolprimary · Prep-6 · CoEd
  • Brunswick North West Primary Schoolprimary · Prep-6 · CoEd
  • Brunswick South West Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hope Street/Melville Road (bus)388 m away
  • CUTZ 50348 m away
  • Reaburn Reserve312 m away
  • Unnamed321 m away
  • Alex S Gillon Oval466 m away

Brunswick West at a glance

Full suburb profile
Population
14,746
Median age
34
Household income
$1,797/wk
Median rent
$366/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Brunswick West price trend

Median sold · House 3 bed

Compound growth -0.5% / yr over 4 yrs

$1.22mcurrent median

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Full Brunswick West market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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