OFF MARKET

10 Kingsmill Street
Port Hedland WA 6721

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 1075m2
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Property Details for 10 Kingsmill St, Port Hedland

10 Kingsmill St, Port Hedland is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1956. The property has a land size of 1075m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in August 2011.

Building Type
House
Year Built
1956
Floor Size
136m2
Land Size
1075m2
Local Government
Port Hedland
Lot/Plan
123/P223065

Last Listing description (September 2011)

Great Investment!
Attention Developers. We are entering a period of unprecedented demand for housing in Port Hedland. As the resources sector ramp up major project investment, the housing situation is becoming critical and infra-structure bottlenecks are making large-scale construction impossible. This property represents a genuine opportunity to acquire a site that will allow the development of 5 or 6 units.
There is currently an application being placed with the council to close the adjacent portion of Withnell Street extension. The new owner could then purchase half of this area making the development potential enormous.

In the interim, the existing houses on the properties are returning a very handsome income of $208,800 per annum. This would cover holding costs as design/planning and mobilization is undertaken, with the added bonus of the homes being easily removed and possibly utilized on other sites in town.
The property is ideally situated close to the Port, Nelson Point and within walking distance to the CBD, making it a blue chip site in town. The demand for housing in this location is huge and will continue for the next decade, so take advantage of this opportunity!
Phone Bruce McDonald now on 0400 548 442 to discuss your options and talk through the process.

Property History for 10 Kingsmill St, Port Hedland, WA 6721

A timeline of how this property has performed in the market
Last Sold
$2,290,000
22 Aug 2011
Listed for Rent
$2.20k/w
10 Feb 2011
  • 22 Aug 2011
    Sold for $2,290,000
  • 15 May 2011
    Listed for Sale $2,350,000
  • 09 Nov 2010
    Listed for Rent - Price not available
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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.