SOLD
Sold on 27 May 2024 for $215,000

17A Armstrong Way
Newman WA 6753

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 369m2
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Property Details for 17a Armstrong Way, Newman

17a Armstrong Way, Newman is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 369m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Newman in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
122m2
Land Size
369m2
Local Government
East Pilbara
Lot/Plan
2/S060212

Last Listing description (August 2024)

Long Term Tenant / 11% Return!

Terrific opportunity to secure a quality modern investment property with a long standing tenant who has been in the property since 2021!

While the tenant has been long term the current lease is in place till December 2024 at $470 p/w which offers an outstanding return of 11%.

The property itself was built in 2009 and consists of 3 bedrooms 2 bathrooms with separate living area, large combined kitchen / dining with the kitchen offering plenty of cupboard space, stainless steel appliances and double fridge recess.

The master bedrooms is complete with large built in robes and ensuite with each of the minor bedrooms also offering built in robes with both being a great size. The main bathroom has a great size vanity, class shower and a separate WC.

Outside you will find a double carport and easy care gardens.

Further features include:

3 bedrooms 2 bathrooms
Spacious living areas
Quality tiling throughout living areas
Ceiling fans and split system air conditioning throughout
Vertical blinds throughout
Easy care 369 m2 block

It's getting harder to find a quality investment property of this nature in the early $200's in Newman and at $220,000 this property offers plenty of value for the astute investor!

For further information and inspections contact Dave Rowe on 0400 313 566.

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.

Property History for 17a Armstrong Way, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$215,000
27 May 2024
Listed for Rent
$425/w
28 Feb 2023
  • 27 May 2024
    Sold for $215,000
  • 23 Apr 2024
    Listed for Sale $220,000
  • 28 Feb 2023
    Listed for Rent $425 / week
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About Newman 6753

The size of Newman is approximately 27,986.7 square kilometres. It has 13 parks. The population of Newman in 2011 was 9,086 people. By 2016 the population was 7,242 showing a population decline of 20.3% in the area during that time. The predominant age group in Newman is 30-39 years. Households in Newman are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Newman work in a machinery operators and drivers occupation. In 2011, 18.6% of the homes in Newman were owner-occupied compared with 8.6% in 2016.

Newman has 2,884 properties. Over the last 5 years, Houses in Newman have seen a 84.08% increase in median value, while Units have seen a 102.37% increase. As at 30 September 2024:

  • The median value for Houses in Newman is $297,456 while the median value for Units is $227,047.
  • Houses have a median rent of $650 while Units have a median rent of $425.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Newman.

Suburb Insights for Newman 6753

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.