SOLD
Sold on 19 Oct 2023 for $240,000

4/5 Trotman Avenue
Newman WA 6753

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 66m2
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Property Details for 4/5 Trotman Ave, Newman

4/5 Trotman Ave, Newman is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 66m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Newman in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
40m2
Land Size
66m2
Local Government
East Pilbara
Lot/Plan
4/S065374

Last Listing description (December 2023)

Modern Apartment / 11% Returns!Rare opportunity to secure a modern furnished apartment in the heart of Newman and only a short walk to the center of town.Currently on a corporate lease at $500 p/w to February 2024 the apartment offers strong returns around the 11% mark, with the current tenant being in place since 2019!The upstairs apartment features open plan living, dining and kitchen which leads to an undercover balcony. The double sized bedroom offers large built in robe with mirrored doors and a great size ensuite bathroom.As well as the covered patio area outside you have a single car bay and store room.Further property features include:- 1 Bedroom 1 Bathroom- Good size living area for single / couple- Practical kitchen with plenty of cupboard space- Double size bedroom with ensuite- Quality furnishings- Hardwearing vinyl plan flooring- Split system air conditioning throughout- Covered balcony area- Cary bay and storeroomThese apartments are always popular on the leasing market due to their location and easy maintenance free living, this is a great addition to any investment portfolio or a perfect investment starter!For further information or inspections call Dave 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 4/5 Trotman Ave, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$240,000
19 Oct 2023
Listed for Rent
$375/w
04 Jan 2019
  • 19 Oct 2023
    Sold for $240,000
  • 14 Oct 2023
    Listed for Sale Offers Above $235,000
  • 12 Dec 2018
    Listed for Rent $375 / 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 2,884 properties. Over the last 5 years, Houses in Newman have seen a 84.08% increase in median value, while Units have seen a 102.37% increase. As at 30 September 2024:

  • The median value for Houses in Newman is $297,456 while the median value for Units is $227,047.
  • Houses have a median rent of $650 while Units have a median rent of $425.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Newman.

Suburb Insights for Newman 6753

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Contact agent
Dave Rowe
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Crawford Realty
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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.