OFF MARKET

16 Newman Street
Glen Iris WA 6230

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 116m2
Land area: 260m2
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Last updated 11 Nov 2024
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Property Details for 16 Newman St, Glen Iris

16 Newman St, Glen Iris is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 260m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2008
Floor Size
116m2
Land Size
260m2
Local Government
Bunbury
Lot/Plan
6/S055700

Last Listing description (April 2023)

This well-appointed three bedroom, two bathroom home built in 2008 is ideal for the investor. A 260m2 block means very low maintenance to the outside yet the home is big enough for a growing family. The open plan design puts all living areas together leading to an alfresco and small garden area to the rear.Located in a sought after area close to the Bunbury Farmers Market and schools, it will provide a good return on your investment with good potential for capital growth in the current market.The property has a lease currently in place until September 2023 rented at $380 per week with the potential for a $50 increase to be made in March 2023.Property Features:Galley kitchenKitchen/dining/living open planSplit system reverse cycle aircon to main living areaVinyl flooring to living areas and passagesGood sized master bedroom with en-suite bathroomRobes, ceiling fans and quality carpets to all bedroomsLow maintenance groundsOutdoor alfresco area Gas HWSDouble carportFor a private viewing please contact Jim Evans on 0410 303 777

Property History for 16 Newman St, Glen Iris, WA 6230

A timeline of how this property has performed in the market
Last Sold
$341,000
11 Feb 2023
Listed for Rent
$420/w
16 Dec 2022
  • 11 Feb 2023
    Sold for $341,000
  • 24 Oct 2022
    Listed for Sale Offers Over $339,000
  • 29 Jul 2021
    Listed for Rent $360 / week
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About Glen Iris 6230

The size of Glen Iris is approximately 4.9 square kilometres. It has 6 parks covering nearly 1.7% of total area. The population of Glen Iris in 2011 was 2,880 people. By 2016 the population was 3,007 showing a population growth of 4.4% in the area during that time. The predominant age group in Glen Iris is 0-9 years. Households in Glen Iris are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glen Iris work in a trades occupation. In 2011, 70.3% of the homes in Glen Iris were owner-occupied compared with 68.8% in 2016.

Glen Iris has 1,539 properties. Over the last 5 years, Houses in Glen Iris have seen a 94.81% increase in median value, while Units have seen a 84.59% increase. As at 31 October 2024:

  • The median value for Houses in Glen Iris is $625,071 while the median value for Units is $571,667.
  • Houses have a median rent of $600 while Units have a median rent of $330.
There are currently 15 properties listed for sale, and 1 property listed for rent in Glen iris on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Glen iris.

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