FOR SALE
$275,000

5/19 Porter Street
Kalgoorlie WA 6430

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 115m2
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Central Kalgoorlie Investment With Around 10% Gross Rental Yield!

This inviting two-bedroom, one-bathroom unit is ready for its next owner!
Located centrally in Kalgoorlie and within walking distance of the business district, this property offers a solid investment opportunity with a gross rental yield of around 10%.
An excellent, long-term tenant who cares for the home like it’s their own is already in place, making this an attractive option for investors.
Currently tenanted at $500 per week.
The townhouse is also partly furnished, adding further appeal.
Property Highlights:
• 2 bedrooms, each with built-in robes
• 1 bathroom with bathtub
• Double-story brick home in a small complex
• Open-plan kitchen, dining, and living area for effortless flow
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Property Details for 5/19 Porter St, Kalgoorlie

5/19 Porter St, Kalgoorlie is a 2 bedroom, 1 bathroom Townhouse. The property has a land size of 115m2. The place is currently for sale with John Matthew & Sons.

Building Type
Townhouse
Land Size
115m2

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About Kalgoorlie 6430

The size of Kalgoorlie is approximately 3.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Kalgoorlie in 2011 was 4,244 people. By 2016 the population was 3,917 showing a population decline of 7.7% in the area during that time. The predominant age group in Kalgoorlie is 20-29 years. Households in Kalgoorlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalgoorlie work in a trades occupation. In 2011, 47.3% of the homes in Kalgoorlie were owner-occupied compared with 49.6% in 2016.

Kalgoorlie has 2,695 properties. Over the last 5 years, Houses in Kalgoorlie have seen a 38.47% increase in median value, while Units have seen a 93.27% increase. As at 30 September 2024:

  • The median value for Houses in Kalgoorlie is $343,740 while the median value for Units is $276,249.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 35 properties listed for sale, and 37 properties listed for rent in Kalgoorlie on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Kalgoorlie.

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Iris Haynes
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John Matthew & Sons
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