OFF MARKET

4/23 Mclennan Drive
Newman WA 6753

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 211m2
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Property Details for 4/23 Mclennan Dr, Newman

4/23 Mclennan Dr, Newman is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2000. The property has a land size of 211m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Townhouse
Year Built
2000
Floor Size
102m2
Land Size
211m2
Local Government
East Pilbara
Lot/Plan
4/S058285

Last Listing description (November 2023)

Surprisingly Spacious in Handy Location!Easy care investment property in well maintained complex in a super handy location being just a short drive from Newman CBD and Newman Industrial Area.Currently leased until November 23 at $450 p/w and a solid 10.5% return with bonus of potentially increasing returns with the same properties in the complex now leasing for $475 - $500 p/w.The property itself offers a practical floor plan with spacious living area, good size kitchen and dining, a semi ensuite bathroom with the vanity and WC separate from the bath and shower and great size bedrooms.Further features include:- 3 bed 1 bath spacious villa- Separate large lounge area- Practical kitchen with dining area attached- Unique semi ensuite bathroom with access from master bedroom and hallway- Bathroom has vanity and WC separate from shower and bath- Large master bedroom with walk in robe- Minor bedrooms are spacious, one with WIR and one with BIR- Paved alfresco area with shed at rear- Single carport or double tandem- Well maintained villa complexGreat investment option that won't break the bank and offers an excellent opportunity to increase the returns on the next lease renewal.For further information and inspections call Dave Rowe on 0400 313 566Disclaimer: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 4/23 Mclennan Dr, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$220,000
04 Sep 2023
Listed for Rent
$450/w
16 Nov 2022
  • 04 Sep 2023
    Sold for $220,000
  • 03 May 2023
    Listed for Sale $225,000
  • 26 Oct 2022
    Listed for Rent $450 / 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 2,885 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.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 111 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.