Breakfast Point’s river, ferry and estate stock
There is no railway station in Breakfast Point. The foreshore walk leads around to Cabarita Park and Cabarita ferry wharf, which is on the Parramatta River ferry service between Circular Quay and Parramatta, and bus routes connect the estate with Burwood, Concord and Ashfield.
For lending, that matters less as a commute than as part of the estate’s appeal to a steady mix of buyers, which, together with the uniform stock, keeps recent comparable sales plentiful for valuers.
- Most homes here are apartments, with a smaller number of townhouses and architect-designed houses, some facing the Parramatta River.
- Links puts a Breakfast Point file to lenders such as ANZ, Westpac, Macquarie, ING and Resimac, comparing how each one handles the layered levies and the community scheme title.
Read the full detail
Most homes here are apartments, with a smaller number of townhouses and architect-designed houses, some facing the Parramatta River.
Because the estate runs as a community scheme, the community management statement, the by-laws and every levy that applies to the lot belong in the file, whether you buy an apartment, a townhouse or a house. The levies reduce borrowing capacity for every buyer, from downsizers to first home buyers.
Links puts a Breakfast Point file to lenders such as ANZ, Westpac, Macquarie, ING and Resimac, comparing how each one handles the layered levies and the community scheme title.
Example scenario (illustrative, not a real client): a retired couple selling their family house elsewhere in the Inner West want a two-bedroom apartment within walking distance of Cabarita wharf, keeping a small loan while their sale settles.
Their income is mostly pension and investment returns, and the apartment carries both a strata levy and a community association levy.
Lenders differ on how they count that income and how they size a loan for older borrowers, so comparing policy first shows which lenders may support the bridging period on their actual figures.
