Sold
16/1 Cowra Drive, Newman WA 6753
Sold price: $97,000
Sold: 21 Jul 2020
Sold
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2 Bedrooms
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1 Bathroom
Unit
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Low Maintence Investment Unit.
This low maintenance unit is located close to the town centre and other desirable amenities. The super low maintenance configuration and its close proximity to Newman’s town centre only adds to its charms.
Newman residential rental market is facing increasing pressure as more people come here to take advantage of employment opportunities so high returns are to be expected.
- 2 bedrooms with built in robes
- Bathroom with shower, toilet, vanity and laundry
- Open plan kitchen dining living area
- Small fully paved courtyard
Property snapshot by reiwa.com
This property at 16/1 Cowra Drive, Newman is a two bedroom, one bathroom unit sold by Brett Philp at Crawford Realty Newman on 21 Jul 2020.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Newman or see other recently sold properties in Newman.
Nearby schools
Newman overview
Newman is a mining company townsite in the Pilbara region, 1184 kilometres northeast of Perth. The townsite was gazetted in 1972 after the Mount Newman Mining company developed a large iron ore mine at Mount Whaleback. The townsite is named after the nearby Mount Newman, a 1055 meter high mountain in the Ophthalmia Range.
Mount Newman was named by the surveyor W F Rudall in 1896, "in honour of our late leader". Newman was Aubrey Woodward Newman, the original leader of the survey party carrying out surveys in the neighbourhood of the Ophthalmia Range in 1896. He contracted typhoid fever at Peak Hill and, too ill to continue, was later returned to Cue where he died on May 24th, 1896.
Newman quick stats
High end
$420k
Median
$329k
Low end
$270k
2.7 %
Annual growth
$329k
Annual median sales price
$685pw
Annual median rental price
