OFF MARKET

81 Hill Road
Dampier WA 6713

Bedrooms: 12
Bathrooms: 12
Car spaces: 2
Land area: 3482m2
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Property Details for 81 Hill Rd, Dampier

81 Hill Rd, Dampier is a 12 bedroom, 12 bathroom House with 2 parking spaces. The property has a land size of 3482m2.

Building Type
House
Land Size
3482m2
Local Government
Karratha
Lot/Plan
350/P014281

Last Listing description (June 2023)

A whole block of 12 units (4 x 3 bedroom ground floor units with courtyards and 8 x 2 bedroom units) all with ocean glimpses on a 3482 m2 block!! for sale.

In our opinion and depending on the renovation a potential rent return for ground floor units could be approx $300 to $330 pw, middle floor approx $280 pw and top floor $280 pw thats a potential rent of $3360 pw for the whole block if fully occupied.

This block is the 2nd tidiest block in our opinion and has carports and storage for each unit and room for a boat etc. There is also some extra room behind the carports for more parking. 2 of the ground floor units have covered patios.Its fair to say that there is work required on the flats to bring them up to their past grandeur, however the rewards for you could be immeasurable with the recent recovery in the Pilbara real estate rental and sales enquiries.

All four lots are wholly owned and separately strata-titled and could be individually refurbished and re positioned to on-sell or lease,catering for the demand for higher grade accommodation in the region.Units are all a good size being between 88 and 105 m2 of living in each and 7 of the units have had some renovation over the years, one unit is mould affected.

Opportunities include:- Refurbish & re positioning to on-sell.- Redevelop, realising the additional development potential of each site.- Upgrade and lease, catering for local demand for higher grade accommodation.-

.* email for a list of approx standard of units (at least 8 of the units has had some sort of upgrade since original)* interior pictures are only to give you a guide they may be from any of the 4 blocks for sale*Covered shoes are a requirement for inspection

Disclaimer: L J Hooker Karratha takes every effort for accurate property details, buyers must rely on their own investigations. it cannot be guaranteed. Measurements quoted are approximations and are not guaranteed with the approved floor plan. Reference to a location or feature does not guarantee that feature. Prospective buyers should make their own enquiries as to the accuracy on this information in making their purchasing decision. Further enquiries are welcome.

Property History for 81 Hill Rd, Dampier, WA 6713

A timeline of how this property has performed in the market
Listed for Rent
$400/w
03 Jun 2020
  • 30 Oct 2019
    Listed for Sale Sold
  • 08 Dec 2015
    Listed for Sale $550,000
  • 13 Nov 2015
    Listed for Sale $995,000

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About Dampier 6713

The size of Dampier is approximately 10.8 square kilometres. It has 7 parks covering nearly 0.8% of total area. The population of Dampier in 2011 was 1,265 people. By 2016 the population was 1,103 showing a population decline of 12.8% in the area during that time. The predominant age group in Dampier is 40-49 years. Households in Dampier are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Dampier work in a trades occupation. In 2011, 47% of the homes in Dampier were owner-occupied compared with 54.8% in 2016.

Dampier has 613 properties. Over the last 5 years, Houses in Dampier have seen a 40.25% increase in median value, while Units have seen a 132.08% increase. As at 31 October 2024:

  • The median value for Houses in Dampier is $740,199 while the median value for Units is $381,451.
  • Houses have a median rent of $1,225 while Units have a median rent of $580.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Dampier on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Dampier.

Suburb Insights for Dampier 6713

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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.