16 Spinifex StreetNewman WA 6753
Property Details for 16 Spinifex St, Newman
16 Spinifex St, Newman is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 246m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Newman in the last 12 months.
Last Listing description (February 2024)
Rare Dual Key Investment / 11.5% Returns!Fantastic floorplan specifically designed for a local company to house two of their workers separately under the main roof, a popular option and always sought after in any leasing marketThis cleverly designed property is dual key providing two separate residences with individual entries for privacy and security. The occupants share a laundry, storeroom and alfresco with each unit offering all the comforts for a great Pilbara lifestyle.Currently leased to long standing local logistics company at $550 p/w till March 2024 and offering a strong return in the vicinity of 11.5%.Features include:-- Two 1 bedroom apartments under main roof- Living area, kitchen, bedroom and bathroom in each unit- Shared laundry, alfresco and storeroom- Split system air conditioning throughout- Single carport with extra parking bay for second unit- Low maintenance gardens provide an easy-care lifestyle-Great location in the Kurra EstateA perfect little investment that offers a savvy investor the perfect set and forget Pilbara investment!Contact Dave Rowe on 0400 313 566 for further information and inspections.Disclaimer:Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.
Property History for 16 Spinifex St, Newman, WA 6753
- 13 Nov 2023Sold for $249,000
- 30 Mar 2023Listed for Sale Offers Above $249,000
- 10 Jan 2022Listed for Rent $525 / week
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0About Newman 6753
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 2,885 properties. Over the last 5 years, Houses in Newman have seen a 78.26% increase in median value, while Units have seen a 131.19% increase. As at 31 July 2024:
- The median value for Houses in Newman is $299,457 while the median value for Units is $220,919.
- Houses have a median rent of $650 while Units have a median rent of $450.
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