15 Yilgarn Ave, Northam is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 5974m2 and floor size of 914m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom House sold in Northam in the last 12 months.
This is a high profile property with a quality tenant, and represents an outstanding return on investment.
The current lease is to January 2021, with a further four year option - the current lease is $57,600 per annum, with all outgoings paid by the tenant.
You will be battling to find a better return on investment - suitable to individual investors and superannuation funds.
The size of Northam is approximately 26.8 square kilometres. It has 24 parks covering nearly 6.8% of total area. The population of Northam in 2011 was 6,580 people. By 2016 the population was 6,572 showing a population decline of 0.1% in the area during that time. The predominant age group in Northam is 50-59 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation. In 2011, 66.5% of the homes in Northam were owner-occupied compared with 64.2% in 2016.
Northam has 4,246 properties. Over the last 5 years, Houses in Northam have seen a 134.22% increase in median value, while Units have seen a 31.76% increase. As at 31 October 2024:
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