45 Brolgan RoadParkes NSW 2870
Property Details for 45 Brolgan Rd, Parkes
45 Brolgan Rd, Parkes is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 749m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (August 2024)
Property details:
- Location: 45 Brolgan Road, Parkes
- Type: 749sqm residential block, three-bedroom, one-bathroom
- Improvements: freshly painted throughout, new flooring and window furnishings
Investment highlights:
- Current tenancy: 6-month lease in place
- Rental income: $400 per week
- Annual rental yield: $20,800
Advantages:
-Steady Income: The property is already tenanted, ensuring immediate rental income
-Potential for Growth: The sizable block offers opportunities for future development or enhancements
-Comforts: natural instant gas HWS, ducted evaporative cooling, one reverse cycle split system
-Move-in Ready: no improvements needed
Ideal property as there are no improvements to be done.
For more details or to arrange a viewing, please contact us at your earliest convenience. This property is a fantastic opportunity for investors looking to secure a reliable rental income with the potential for future growth.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Property History for 45 Brolgan Rd, Parkes, NSW 2870
- 25 Jun 2024Sold for $387,500
- 29 May 2024Listed for Sale $410,000
- 18 Sep 2020Sold for $235,000
Recent sales nearby
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0About Parkes 2870
The size of Parkes is approximately 975.0 square kilometres. It has 38 parks covering nearly 12.0% of total area. The population of Parkes in 2016 was 11408 people. By 2021 the population was 11324 showing a population decline of 0.7% in the area during that time. The predominant age group in Parkes is 10-19 years. Households in Parkes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a professional occupation.In 2021, 66.50% of the homes in Parkes were owner-occupied compared with 64.60% in 2016.
Parkes has 6,911 properties. Over the last 5 years, Houses in Parkes have seen a 64.09% increase in median value, while Units have seen a 21.38% increase. As at 30 April 2026:
- The median value for Houses in Parkes is $452,122 while the median value for Units is $371,665.
- Houses have a median rent of $450 while Units have a median rent of $310.
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