What Do You Think, Chris? Ep15 – How strong is the market in Bronte?

 

How strong is the market in Bronte?

1/17 Darling St Bronte

https://www.domain.com.au/1-17-darling-street-bronte-nsw-2024-2014920741

Sold for $1,451,000 
Rental circa $850pw = 3% yield

Pros –
 Bronte address 
 10 mins walk to beach 
 renovated 
 LUG 
 Large terrace 

Cons – 
 Hard to fault the apt aside from the price and yield 

This shows the strength of Bronte. I would not recommend one of our clients paying
anywhere near that figure for this property – ideally want a view for that kind of money.