309/10 Brodie Spark Drive, Wolli Creek
SydNest Score: 4.0/5
Location 5 | Price 4 | Condition 3 | Amenities 4 | Neighbourhood 3
This modern apartment features two bedrooms, two bathrooms, and a car space, located in the vibrant suburb of Wolli Creek.
Ideal for households with incomes from $150,000 to $210,000.
The sales agent has been transparent and listed a guide of $850,000 - $900,000.
I’ve got no data on last sale or valuation.
Please note: One bank will not lend more than 90% against this property. If you want help navigating finances surrounding this purchase, contact me through my website.
At $900,000, a 20% deposit (at least $225,000 including stamp duty) could be affordable for those with household income of at least $180,000, probably down to $150,000 if it’s an investment.
If you have a 5% deposit (at least $90,000 including stamp duty), this unit could be attainable with household income of at least $210,000, probably down to $180,000 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
Two bedrooms with built-in wardrobes
Two modern bathrooms, including an ensuite in the master bedroom
Open plan living and dining area with natural light
Contemporary kitchen with stainless steel appliances and gas cooking
Internal laundry with dryer
Secure car space and storage cage
Access to communal facilities such as a pool, gym, and BBQ area
Keep in mind ongoing costs:
Strata levies: Ask agent
Council rates: Ask agent
Water rates: Ask agent
Rental potential: No valuation data available but I assumed $850 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 10am. Visit my website if you would like me to arrange your finance.