4/4a-B Warman Ave, Newman is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 684m2 and floor size of 155m2.
In a stabilising market, a 10% return is a great investment that will provide cash flow to your portfolio.
With secure national tenants that have been in the property since the development of the property in 2012, they obviously like the development!
4A and 4B Warman Avenue are 2 fantastic homes for investors as they are just 5 years old and were built with corporate tenants in mind. Each home has 4 bedrooms and 2 bathrooms and are fully tiled throughout keeping maintenance and wear and tear to a minimum. The low maintenance gardens have an automatic watering system enabling the gardens to look green and fresh all year round, hassle free.
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 2,881 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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