OFF MARKET

91 Hill Road
Dampier WA 6713

Bedrooms: 12
Bathrooms: 12
Car spaces: 1
Land area: 3692m2
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Property Details for 91 Hill Rd, Dampier

91 Hill Rd, Dampier is a 12 bedroom, 12 bathroom House with 1 parking spaces. The property has a land size of 3692m2.

Building Type
House
Land Size
3692m2
Local Government
Karratha
Lot/Plan
351/D066079

Last Listing description (June 2023)

Offered for sale for the first time ever is this group housing opportunity in the City of Karratha, located in the Pilbara region of W.A. The Pilbara remains a globally significant mining & energy region, with the city of Karratha as its hub.Whilst broadening its economic base through joint venture investment involving State Government funding, iron ore outputs through existing mine operations remain at all-time highs.

The offering includes:

1 of 4 whole blocks of flats located in Dampier,
consisting of 12 flats per block generally comprised of
8 two bedroom and 4 three bedroom flats,
and 1 entire townhouse complex in the Karratha suburb of Bulgarra,
consisting of 36 two level townhouses built in six rows each containing six individual townhouses.

All five sites are wholly owned and separately strata-titled and could be individually refurbished and repositioned to on-sell or lease,catering for the demand for higher grade accommodation in the region.All sites are under developed, therefore each site has surplus land which lend the investments to exceptional redevelopment opportunities.

Opportunities include:
- Refurbish & repositioning to on-sell.
- Redevelop, realizing the additional development potential of each site.
- Upgrade and lease, catering for local demand for higher grade accommodation.
- Reposition for alternative use such as short stay / tourist accommodation.*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 91 Hill Rd, Dampier, WA 6713

A timeline of how this property has performed in the market
Listed for Rent
$400/w
01 May 2020
  • 22 Nov 2019
    Listed for Rent $400 / week
  • 30 Oct 2019
    Listed for Sale Sold
  • 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 64.49% increase in median value, while Units have seen a 139.05% increase. As at 31 July 2024:

  • The median value for Houses in Dampier is $761,871 while the median value for Units is $365,228.
  • Houses have a median rent of $1,125 while Units have a median rent of $575.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Dampier on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Dampier.

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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.