45 Brolgan RoadParkes NSW 2870
Property Details for 45 Brolgan Rd, Parkes
45 Brolgan Rd, Parkes is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 749m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Parkes in the last 12 months.
Last Listing description (June 2024)
Property details:
- Location: 45 Brolgan Road, Parkes
- Type: 749sqm residential block, three-bedroom, one-bathroom
- Improvements: freshly painted throughout, new flooring and window furnishings
Investment highlights:
- Current tenancy: 6-month lease in place
- Rental income: $400 per week
- Annual rental yield: $20,800
Advantages:
-Steady Income: The property is already tenanted, ensuring immediate rental income
-Potential for Growth: The sizable block offers opportunities for future development or enhancements
-Comforts: natural instant gas HWS, ducted evaporative cooling, one reverse cycle split system
-Move-in Ready: no improvements needed
Ideal property as there are no improvements to be done.
For more details or to arrange a viewing, please contact us at your earliest convenience. This property is a fantastic opportunity for investors looking to secure a reliable rental income with the potential for future growth.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Property History for 45 Brolgan Rd, Parkes, NSW 2870
- 25 Jun 2024Sold for $387,500
- 29 May 2024Listed for Sale $410,000
- 18 Sep 2020Sold for $235,000
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0About Parkes 2870
The size of Parkes is approximately 975 square kilometres. It has 38 parks covering nearly 12% of total area. The population of Parkes in 2011 was 11,265 people. By 2016 the population was 11,421 showing a population growth of 1.4% in the area during that time. The predominant age group in Parkes is 0-9 years. Households in Parkes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a trades occupation. In 2011, 65.4% of the homes in Parkes were owner-occupied compared with 64.6% in 2016.
Parkes has 6,851 properties. Over the last 5 years, Houses in Parkes have seen a 69.02% increase in median value, while Units have seen a 31.68% increase. As at 31 December 2024:
- The median value for Houses in Parkes is $415,221 while the median value for Units is $292,589.
- Houses have a median rent of $430 while Units have a median rent of $290.
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