1 Forrest StreetBroome WA 6725
Property Details for 1 Forrest St, Broome
1 Forrest St, Broome is a 2 bedroom, 3 bathroom House with 5 parking spaces and was built in 1955. The property has a land size of 806m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (December 2020)
This is a great opportunity to secure two titles to make a fantastic development opportunity. Being sold together is a large corner block (already subdivided) AS WELL AS a demountable home ripe for a new development or extension. Come and see for yourself just what you can achieve if you purchase 1 Forrest Street & 33 Anne Street together. The owner has chosen to the sell the two blocks combined to facilitate development if you wish. Currently zoned R20, there is an option to develop units or keep the existing home and develop the vacant block.The 2 bedroom, 1 bathroom well-maintained home offers great presentation and is ready to move into immediately if you choose to retain. There is a large yard and fencing all around to provide great security and privacy. -1,625m2 of land available if you choose to develop-1 Forrest Street & 33 Anne Street are being sold together -Currently zoned R20 choose to develop units or subdivide-Well-presented existing 2 bedroom, 1 bathroom home-Vacant block already subdivided for ease of development-Large carport for 4 vehicles with extra parking -Anticipated rental return for existing home would be $400 - $450 per week-Shire Rates $2,004.19pa | Water Rates $1,463.15paSelling via Openn Negotiation, means that you can bid for this property at a price that you want and steal the deal!
Property History for 1 Forrest St, Broome, WA 6725
- 23 Oct 2020Sold for $299,000
- 17 Aug 2020Listed for Sale Winning Bid $466,000
- 21 Jun 2019Listed for Sale $450,000
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0About Broome 6725
The size of Broome is approximately 5.8 square kilometres. It has 9 parks covering nearly 3.5% of total area. The population of Broome in 2011 was 4,290 people. By 2016 the population was 4,042 showing a population decline of 5.8% in the area during that time. The predominant age group in Broome is 30-39 years. Households in Broome are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broome work in a professional occupation. In 2011, 33.7% of the homes in Broome were owner-occupied compared with 35.3% in 2016.
Broome has 2,222 properties. Over the last 5 years, Houses in Broome have seen a 56.21% increase in median value, while Units have seen a 59.85% increase. As at 31 October 2024:
- The median value for Houses in Broome is $556,238 while the median value for Units is $379,817.
- Houses have a median rent of $850 while Units have a median rent of $695.
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