48/38 Brougham Street Fairfield QLD 4103

2-bed unit in secure complex |Est. $858K value |Last sold $436K ’12 |Flood overlay noted |Rental $620pw potential. This two-bedroom apartment with 108sqm internal area on a 2144sqm strata lot in a lift-equipped complex suits downsizers or professionals prioritising low-maintenance living near school catchments. The unit’s position within a secure block on Brougham Street provides practical appeal through its single car space and avoidance of stairs, making it functional for everyday use without the demands of house maintenance. Its larger-than-average internal footprint for a two-bed unit delivers versatile living space in a flood overlay zone, where buyers weigh resilience alongside proximity to Junction Park State School just 0.7km away. Last sold for $436,000 in 2012, it reflects substantial capital growth aligned with Fairfield’s unit market, where similar apartments have seen steady demand from first-home buyers and investors. Properties like this attract couples or small households seeking 5G coverage and established amenities without the premiums of freestanding homes. In the local context, two-bedroom units hold value through reliable rental yields around $620 weekly, supporting long-term holding for income-focused owners. The absence of bushfire or heritage constraints adds flexibility, while school zones enhance family-oriented positioning. Overall, its market performance underscores enduring appeal in a suburb balancing inner-city access with residential stability.