4/49 Denney St, Broadmeadow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 491m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Astute opportunity exists for both owner occupiers or investors with this well presented 1 bedroom unit located in a super convenient location. Sitting directly opposite parkland and playing fields combined with a short stroll to neighbouring Broadmeadow train station. Currently rented returning $300 per week to excellent tenant, this offers an appealing gross return of 5.2%. With a fresh neutral interior palette throughout, nicely presented floating floors, large mirror built-in in main & split system air/con this property is a genuine set and forget to your new or existing portfolio. Alternatively would also make a great first home or downsizer. Modern updated kitchen and bathroom, upper level balcony offering pleasant outlook and undercover car space all complement the homes total appeal.
Zoning: R3 Medium Density Residential
Council: Newcastle
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The size of Broadmeadow is approximately 2.4 square kilometres. It has 9 parks covering nearly 24.5% of total area. The population of Broadmeadow in 2011 was 1,552 people. By 2016 the population was 1,567 showing a population growth of 1.0% in the area during that time. The predominant age group in Broadmeadow is 30-39 years. Households in Broadmeadow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadmeadow work in a professional occupation. In 2011, 52% of the homes in Broadmeadow were owner-occupied compared with 54.1% in 2016.
Broadmeadow has 1,399 properties. Over the last 5 years, Houses in Broadmeadow have seen a 58.95% increase in median value, while Units have seen a 34.01% increase. As at 31 October 2024:
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