OFF MARKET

1 Richardson Street
Port Hedland WA 6721

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 186m2
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Property Details for 1 Richardson St, Port Hedland

1 Richardson St, Port Hedland is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1967. The property has a floor size of 186m2.

Building Type
House
Year Built
1967
Floor Size
186m2
Local Government
Port Hedland

Last Listing description (April 2016)

Located in the absolute heart of Port Hedland, this site offers developers an amazing opportunity in one of the best locations in town. With incredible ocean and harbour views from the doorstep, and expected to lease in the current market for $134,940 net per annum while you apply to have plans approved, all the boxes are ticked.
Zoned Town Centre and approximately 100 metres from the water's edge, the property offers strong residential and commercial development opportunities on a prime corner site. With potential for the site to yield 12 units subject to council approval, and views from first and second floors likely to achieve 180 degree ocean and harbour views, this is a unique one of a kind opportunity in Port Hedland's tightly held CBD.
The existing improvements consist of a fully renovated five bedroom two bathroom dwelling .

Feature summary:
Absolute prime development site
Two street front corner position
Rare central location, close to water's edge
Town Centre zoning with min. R50 density
Potential 12+ unit development site STCA
Expected to return $134,940 net per annum
Amazing ocean and ship views from doorstep
Act now, call Eliza today for more information

Potential returns are significant and the location impeccable. Contact Crawford Realty's Commercial and Industrial Specialist Eliza Mearns today on 0416 048 929.

Property History for 1 Richardson St, Port Hedland, WA 6721

A timeline of how this property has performed in the market
  • 22 Apr 2015
    Listed for Sale $1,350,000 plus gst

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About Port Hedland 6721

The size of Port Hedland is approximately 66.7 square kilometres. It has 11 parks covering nearly 2.9% of total area. The population of Port Hedland in 2011 was 3,773 people. By 2016 the population was 4,191 showing a population growth of 11.1% in the area during that time. The predominant age group in Port Hedland is 30-39 years. Households in Port Hedland are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Hedland work in a trades occupation. In 2011, 19.6% of the homes in Port Hedland were owner-occupied compared with 14.2% in 2016.

Port Hedland has 2,435 properties. Over the last 5 years, Houses in Port Hedland have seen a 57.30% increase in median value, while Units have seen a 96.65% increase. As at 30 September 2024:

  • The median value for Houses in Port Hedland is $676,259 while the median value for Units is $430,097.
  • Houses have a median rent of $1,500 while Units have a median rent of $800.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Port hedland on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Port hedland.

Suburb Insights for Port Hedland 6721

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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.