FOR SALE
280,000

7/26 Somerset Crescent
South Hedland WA 6722

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 70m2
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CRISP & VERY NEAT 1 BEDROOM STUNNER !!!

This modern upstairs low maintenance 1 bedroom apartment is a great opportunity to enter the buoyant Hedland Rental Market at an affordable price and with a sitting tenant you will be earning from day 1 of your ownership. The apartment includes a spacious bedroom with ceiling fan and built in mirror wardrobes, roomy bathroom with large shower & laundry and an open plan living/kitchen area leading out to your own balcony to enjoy those evening BBQ's or morning coffee's.
Currently leased until February 2025 at $600.00 P/W this is an instant GROI in the vicinity of 11% - or alternatively you could move in at the end of the current lease
Property Features Include;
- Great size bedroom with a mirrored BIR
- Carpeted throughout
- Split system air-conditioning
- Combined kitchen, living and dining
- Private balcony
- 1 undercover parking bay
- External storage
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Property Details for 7/26 Somerset Cres, South Hedland

7/26 Somerset Cres, South Hedland is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 2014. The property has a land size of 70m2 and floor size of 40m2. The place is currently for sale with Crawford Realty.

Building Type
Apartment
Year Built
2014
Floor Size
40m2
Land Size
70m2

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About South Hedland 6722

The size of South Hedland is approximately 22.8 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of South Hedland in 2011 was 9,376 people. By 2016 the population was 9,475 showing a population growth of 1.1% in the area during that time. The predominant age group in South Hedland is 30-39 years. Households in South Hedland are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in South Hedland work in a trades occupation. In 2011, 28.5% of the homes in South Hedland were owner-occupied compared with 16.8% in 2016.

South Hedland has 5,276 properties. Over the last 5 years, Houses in South Hedland have seen a 125.75% increase in median value, while Units have seen a 178.95% increase. As at 30 November 2024:

  • The median value for Houses in South Hedland is $462,028 while the median value for Units is $302,510.
  • Houses have a median rent of $950 while Units have a median rent of $725.
There are currently 63 properties listed for sale, and 32 properties listed for rent in South hedland on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in South hedland.

Suburb Insights for South Hedland 6722

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Bruce Bailey
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Crawford Realty
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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.