10/2 Marillana St, Newman is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 77m2 and floor size of 72m2.
When buying property position is everything. This unit is perfectly located within walking distance to Newman's CBD and will attract tenants easily. This well presented first floor unit is perfect to add to your investment portfolio as 2 bedroom apartments are a rare commodity in Newman's private sector.
The open plan living room is large, with a full sized kitchen and the 2 bedrooms have built in robes. The unit has vinyl tiles throughout the living areas ensuring low wear and tear and an industrial style carpet in the bedrooms contributing to low ongoing maintenance costs. For the convenience of the tenants there is a carport although with this location tenants won't even need a car!
Affordable accommodation in central Newman is becoming harder and harder to get with rents likely to rise in 2018, so get in quick and take advantage of this cheap investment unit.
The size of Newman is approximately 27,986.7 square kilometres. It has 13 parks. The population of Newman in 2011 was 9,086 people. By 2016 the population was 7,242 showing a population decline of 20.3% in the area during that time. The predominant age group in Newman is 30-39 years. Households in Newman are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Newman work in a machinery operators and drivers occupation. In 2011, 18.6% of the homes in Newman were owner-occupied compared with 8.6% in 2016.
Newman has 2,882 properties. Over the last 5 years, Houses in Newman have seen a 91.94% increase in median value, while Units have seen a 106.85% increase. As at 31 October 2024:
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