242 Fairmount BoulevardBrabham WA 6055
Property Details for Lot 1/242 Fairmount Bvd, Brabham
Lot 1/242 Fairmount Bvd, Brabham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2017. The property has a floor size of 85m2.
Last Listing description (July 2017)
Shared equity in a perfect location !
This perfectly sized 2 bedroom 2 bathroom home is completely BRAND NEW, never lived in before and is eligible for the $15,000 First Home Owner's Grant*. NO hassles of building and NO wait time!
Why Shared Equity**
-Deposit of $2,000 or 2 per cent of the purchase price plus stamp duty and fees for non-first home buyers
-No savings history required
-No lenders mortgage insurance
-No monthly account keeping fees
-First home buyers can use the First Home Owners Grant towards the deposit and apply for a grant from the Home Buyers Assistance Account.
Features of this home include:
- Great size master room
- Built in robes to minor bedrooms
- Open plan living area
- Wrap around kitchen with 600mm stainless steel kitchen appliances
- Remote control garage with secure parking
- Paved alfresco area
- Perfect location near park.
For more information , call Brian today on 0430631349
DISCLAIMERS:
The above purchase price represents a 70% share of the full purchase price of $270,000. The Housing Authority will own the other 30% share of the property, in equity.**
The property is offered under a FLEXIBLE/FIXED loan product from Keystart. Please refer to Keystart (1300 578 278) for additional information.
For more information on shared equity and the eligibility criteria, please visit www.nowlivingrealty.com.au/?finance/?shared-ownership**
Please visit nowlivingrealty.com.au/finance for more information on the eligibility criteria for the First Home Owner’s Grant.*
Please visit http://www.nowlivingrealty.com.au/disclaimer/ for more information on disclaimers.
Property History for Lot 1/242 Fairmount Bvd, Brabham, WA 6055
- 17 May 2017Listed for Sale 189,000 at 70% share**
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About Brabham 6055
The size of Brabham is approximately 6.5 square kilometres. It has 2 parks covering nearly 5.0% of total area. The population of Brabham in 2016 was 3307 people. By 2021 the population was 8665 showing a population growth of 162.0% in the area during that time. The predominant age group in Brabham is 30-39 years. Households in Brabham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brabham work in a trades occupation.In 2021, 86.80% of the homes in Brabham were owner-occupied compared with 90.90% in 2016.
Brabham has 6,902 properties. Over the last 5 years, Houses in Brabham have seen a 103.53% increase in median value, while Units have seen a 109.65% increase. As at 30 November 2025:
- The median value for Houses in Brabham is $800,029 while the median value for Units is $645,828.
- Houses have a median rent of $750 while Units have a median rent of $405.
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