11 Orr St, Broome is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 1012m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
This starter home is on 1,012 square metres of R30 zoned land, potentially a triplex block.
The residence is basic but it's very affordable, neat and tidy, and ready to go. The kitchen has an electric cook top and oven, and overlooks the huge rear yard. There are three good sized bedrooms, all with built in robes, a large laundry with separate toilet and a bathroom with separate shower and bath. Easy clean vinyl flooring and ceiling fans are present throughout the home.
An astute investor can either live in or lease out this property now, while putting a plan in place to build three homes on the block in the future and reap the returns.
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:
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