SOLD
Sold on 03 Sep 2024 for $193,500

34/1 Cowra Drive
Newman WA 6753

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 143m2
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Property Details for 34/1 Cowra Dr, Newman

34/1 Cowra Dr, Newman is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 143m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Newman in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
73m2
Land Size
143m2
Local Government
East Pilbara
Lot/Plan
34/S033678

Last Listing description (October 2024)

Investing doesn't get much easier than this terrific two bedroom one bathroom property situated in an excellent location only a short distance from all of Newman's essential services and a gross return of 11.5%!!With a current lease in place at $440 p/w till 15 February 2025 and offering solid return of around 11.5%, the figures make as much sense as the location.The property offers spacious living with a good size and practical kitchen, great size bedrooms with built in robes and a spacious bathroom. Outside includes a private alfresco area, single carport and extra parking space.Further features include:- Two bedroom one bathroom- Very well maintained property- Good size living areas- Double built-in robes to each bedroom - Quality carpet and tiling - Split system air conditioning- Easy to maintain with no lawns / gardens- Great complex very well maintained - Excellent location / handy to all major facilitiesA terrific set and forget investment, the location and maintenance free nature of these properties are always popular in the Newman leasing market.For further information and inspection call the Newman Sales TeamDisclaimer: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 34/1 Cowra Dr, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$193,500
03 Sep 2024
Listed for Rent
$420/w
14 Feb 2024
  • 03 Sep 2024
    Sold for $193,500
  • 07 Aug 2024
    Listed for Sale $199,000
  • 23 Jan 2024
    Listed for Rent $420 / week
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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 67.32% increase in median value, while Units have seen a 125.02% increase. As at 30 November 2024:

  • The median value for Houses in Newman is $307,144 while the median value for Units is $235,560.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 1 property listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 115 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.