This property is an attractive proposition for the owner occupier/investor or for an investor looking for a property with potential returns in the capital of the Murchison mining and pastoral industries.
With the recent opening of the Andy Well Gold project just to the north of Meekatharra by Doray Minerals existing potential returns for this property are positive.
The property is 1348m2 of land in Main Street Meekatharra (which is the Main Street) with a commercial zoning. The building is 335m2 with 101m2 of patio and it now consists of three completely self contained accommodation/workshop units.
The size of Meekatharra is approximately 26,584 square kilometres. It has 6 parks covering nearly 15.8% of total area. The population of Meekatharra in 2011 was 813 people. By 2016 the population was 694 showing a population decline of 14.6% in the area during that time. The predominant age group in Meekatharra is 50-59 years. Households in Meekatharra are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Meekatharra work in a professional occupation. In 2011, 24.9% of the homes in Meekatharra were owner-occupied compared with 32% in 2016.
Meekatharra has 711 properties. Over the last 5 years, Houses in Meekatharra have seen a -14.85% decrease in median value. As at 31 October 2024:
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