1901/9 Brodie Spark Drive, Wolli Creek
SydNest Score: 4.1/5
Location 5 | Price 3 | Condition 4 | Amenities 4 | Neighbourhood 3
This modern apartment on the 19th floor offers a blend of luxury and convenience, featuring nice views and high-end amenities in Wolli Creek.
Ideal for households with incomes from $190,000 to $270,000
The sales agent has not stated a price guide, but made the listing appear on searches above $1.25 million, so expect that to be the lower end of the price guide.
Last sold 2018 for $1.19 million (I suspect this was the primary sale) and the valuation model suggests $1.24 million, with a maximum of $1.33 million.
Please note: One bank will only lend up to 80%, with a full valuation. If you want help navigating finances surrounding this purchase, contact me through my website.
At $1.3 million, a 20% deposit (at least $325,000 including stamp duty) could be affordable for those with household income of at least $225,000, probably down to $190,000 if it’s an investment.
If you have a 5% deposit (at least $130,000 including stamp duty), this unit could be attainable with household income of at least $270,000, probably down to $230,000 if it’s an investment.
Of course, these estimates are subject to so many things, which you can read about in my disclaimer.
What I love about Wolli Creek
Convenient public transport with easy access to train stations and buses
Proximity to shops, restaurants, and cafes for a vibrant lifestyle
Scenic parks and riverside walks, ideal for outdoor activities
Close to Sydney Airport, making it perfect for frequent travelers
Here's what the apartment offers
Three spacious bedrooms with built-in wardrobes
Two modern bathrooms, including an ensuite in the master bedroom
Open plan living and dining area with panoramic views
Gourmet kitchen with high-quality appliances and stone benchtops
Large balcony perfect for entertaining
Secure parking for two cars
Access to communal facilities such as a gym, pool, and garden areas
Keep in mind ongoing costs:
Strata levies: $2,149.45 per quarter
Council rates: $372.30 per quarter
Water rates: $300 per quarter
Rental potential: No valuation data available but I assumed $1,000 per week in my calculations. Vacancy rates and property management fees should be considered when evaluating potential investment income.
If you like it
Good luck with the inspection, this Saturday at 1.30pm. Visit my website if you would like me to arrange your finance.