6/38 Brougham St, Fairfield is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 116m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
With the end of financial year coming now is a great time to look at property for your investment portfolio. Fairfield currently has a vacancy rate of 2.7%, however, this apartment has never been vacant and is currently tenanted until September. Providing a return of approximately 5% this apartment is a great buy for any investor looking for value in a Brisbane market on the up.
Combine the investment opportunity to the benefits of location it makes this apartment an attractive option for any home buyer. Fairfield, a small inner-suburb only 3.5km from Brisbane s CBD, comes with all the trimmings, parklands, sporting clubs, river walks, shopping, transport, schools, hospitals, freeway network close by, and access to the University of Queensland via the green bridge .
The apartment itself appealing on so many levels; with its two bedrooms each with its own bathroom and built-ins, but also both with access to its own courtyard; the spacious feeling and privacy is an added attraction. It is a rare find to have so much included with inner-suburb benefits.
The size of Fairfield is approximately 1.3 square kilometres. It has 13 parks covering nearly 19.9% of total area. The population of Fairfield in 2011 was 2,553 people. By 2016 the population was 2,999 showing a population growth of 17.5% in the area during that time. The predominant age group in Fairfield is 20-29 years. Households in Fairfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation. In 2011, 51.6% of the homes in Fairfield were owner-occupied compared with 52.9% in 2016.
Fairfield has 1,468 properties. Over the last 5 years, Houses in Fairfield have seen a 60.75% increase in median value, while Units have seen a 72.14% increase. As at 31 October 2024:
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