OFF MARKET

18/4 Newman Drive
Newman WA 6753

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 401m2
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Property Details for 18/4 Newman Dr, Newman

18/4 Newman Dr, Newman is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 401m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
Townhouse
Year Built
2012
Floor Size
155m2
Land Size
401m2
Local Government
East Pilbara
Lot/Plan
6/S062784

Last Listing description (October 2024)

Located in the sought-after Fairways Estate in Newman this stunning townhouse at 18/4 Newman Drive is now available for sale.

Boasting 4 bedrooms, 2 bathrooms, and 2 off-street parking spaces, this property is perfect for investors looking to add a high-quality asset to their portfolio.

The townhouse features modern amenities such as an ensuite bathroom, built-in wardrobes, broadband connectivity, timber look vinyl floorboards throughout the living areas, split system air conditioning throughout for year-round comfort and an outdoor area for entertaining guests or relaxing outdoors.

Investors will be attracted to this property due to its excellent rental return potential.

Currently leased until December 14th, 2028 with a weekly rent of $750 which will increase to $772 on December 18th. There is an annual 3% increase built into the lease agreement.

The corporate tenant provides stability and reliability while the rare offering of a 4-bedroom townhouse in the Fairway Estate adds further appeal.

Property Features:
- Ensuite
- Built-in wardrobes
- Broadband
- Floorboards
- Split system air conditioning
- Outdoor area
- Undercover parking

Key Financial Details:
- Weekly rent: $750

Don't miss out on this fantastic investment opportunity in Newman! Contact us today to arrange a viewing and secure your future income stream with this established property in a prime location.

Property History for 18/4 Newman Dr, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$799,000
19 Apr 2011
Listed for Rent
$1.60k/w
17 Jun 2013
  • 21 Oct 2024
    Listed for Sale $400,000
  • 19 May 2013
    Listed for Rent - Price not available
  • 28 May 2012
    Listed for Rent - Price not available
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About 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 2,882 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:

  • The median value for Houses in Newman is $300,976 while the median value for Units is $227,692.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Newman.

Suburb Insights for Newman 6753

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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.