SOLD
RECENT ADVICE
Sold on 21 May 2024 for $910,000

104 Sumac Street
Brookfield VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 157m2
Land area: 294m2
Save

Property Details for 104 Sumac St, Brookfield

Building Type
Land
Floor Size
157m2
Land Size
294m2

Last Listing description (May 2024)

Greenfields Real Estate.

This NDIS / SDA APPROVED property offers 3 Bed, 3 Bath, 1 Car (2 Participant + OOA). This property has been thoughtfully designed and created to meet the unique needs of the National Disability Insurance Scheme (NDIS) residents, making it a distinctive investment in an ever-growing market.
HOME HIGHLIGHTS

For a property with the aforementioned features and situated in "Melbourne - West," the NDIS SDA annual allowance would be $83,018 per annum per participant. In addition, each participant is legally required to contribute a Reasonable Rent Contribution (RRC). The Maximum Reasonable Rental Contribution from each participant is $11,842 Therefore, when fully tenanted to its highest potential, the property has a maximum annual income of approximately $189,720.

Fully Compliant with SDA Certifications
Excellent NDIS SDA Service Provider in Place
High Cash Flow Investment
Close to all amenities and in an exceptionally good location
Category : Fully Accessible 3 bedroom + 3 Bath + 1 Car +
2 Participants + OOA

OTHER FEATURES

Class 1B SDA Fully Accessible SDA Requirements
20-Year Structural Guarantee
900mm induction cooktop with 900mm oven and dishwasher
Complete landscape and fencing
1 x A/C to the main living area and dining room
3 x A/C to 3-bedroom, Light fittings throughout
Roller blinds.

**Key Features: **

1. **NDIS-Ready Design: ** Tailored to cater to the specific requirements of NDIS participants, this property ensures a universally accessible and accommodating living environment.

2. **Strategic Location: ** Situated in a prime location, 104 Sumac Street Brookfield, easy access to freeway, essential amenities, transport links, close to all the major hospitals and recreational facilities, enhancing the quality of life for its residents.

3. **Investment Potential: ** With the rising demand for NDIS-friendly properties, this investment promises not only social responsibility but also a sound financial return. The property's unique features make it a sought-after choice for tenants seeking a supportive and inclusive living space.

4. **Future-Proof Investment: ** As NDIS continues to play a vital role in improving the lives of individuals with disabilities, owning a property like this positions you at the forefront of socially conscious and financially rewarding investments.

Close to the Amenities.
You will be connected to everything.
# Future Melton Hospital.
# Woodgrove Shopping Centre.
# Melton freeway entry and exit.
# Botanica Springs Children's
# Community Centre.
#Multi-purpose venue for local community activities.
# Fantail Way Reserve.
#Children's playground, picnic area, BBQ facilities.
# C.J. Melrose Memorial Reserve.

Property History for 104 Sumac St, Brookfield, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$910,000
21 May 2024
  • 07 May 2024
    Sold for $910,000
  • 05 Aug 2022
    Sold for $273,000
  • 16 Feb 2022
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

About Brookfield 3338

The size of Brookfield is approximately 10.7 square kilometres. It has 21 parks covering nearly 19.9% of total area. The population of Brookfield in 2011 was 6,104 people. By 2016 the population was 9,209 showing a population growth of 50.9% in the area during that time. The predominant age group in Brookfield is 0-9 years. Households in Brookfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brookfield work in a clerical occupation. In 2011, 75.7% of the homes in Brookfield were owner-occupied compared with 68.1% in 2016.

Brookfield has 4,327 properties. Over the last 5 years, Houses in Brookfield have seen a 21.95% increase in median value, while Units have seen a -10.02% decrease. As at 30 November 2024:

  • The median value for Houses in Brookfield is $586,065 while the median value for Units is $416,313.
  • Houses have a median rent of $450 while Units have a median rent of $421.
There are currently 45 properties listed for sale, and 18 properties listed for rent in Brookfield on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Brookfield.

Suburb Insights for Brookfield 3338

Market Insights
Brookfield Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Brookfield Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Jatinder Aashat
Show contact details
Manu Athwal
Show contact details
Greenfields Real Estate
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.