29/1 Cowra Drive, Newman WA 6753

10.7% Return! Set and Forget Investment!

Investing doesn’t get much easier than this terrific two bedroom one bathroom property situated in an excellent location only a short distance from all of Newman’s essential services and a gross return of 10.7%!!

With a current lease in place at $425 p/w till 24 November 2025 and offering solid return of around 10.7%, the figures make as much sense as the location.

The property offers spacious living with a good size and practical kitchen, great size bedrooms with built in robes and a spacious bathroom. Outside includes a private alfresco area, single carport and extra parking space.

Further features include:

• Two bedroom one bathroom
• Very well maintained property
• Good size living areas
• Double built-in robes to each bedroom
• Quality carpet and tiling
• Split system air conditioning
• Easy to maintain with no lawns / gardens
• Great complex very well maintained
• Excellent location / handy to all major facilities

A terrific set and forget investment, the location and maintenance free nature of these properties are always popular in the Newman leasing market.

For further information and inspection call Casey Dwyer on 0459 321 603!

Disclaimer:
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 features

Air conditioned
Carports 1
Patio

Property snapshot by reiwa.com

This property at 29/1 Cowra Drive, Newman is a two bedroom, one bathroom unit listed for sale by Casey Dwyer at Crawford Realty Newman.

For more information about Newman, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Newman profile page.

If you would like to get in touch with Casey Dwyer regarding 29/1 Cowra Drive, Newman, please call 0459 951 337 or contact the agent via email.

Cost breakdown

Council rates: $2,200 / year
Water rates: $751 / year
Strata fees: $2,090 / quarter

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

View Suburb Profile

FAQ's

The median house price in Newman is $328,750, the median unit price is $188,000.

The average number of selling days in Newman is 34 days.

You can calculate your mortgage repayments using our mortgage calculator.

Crawford Realty Newman has listed this unit at 29/1 Cowra Drive, Newman for sale with a listing price of $205,000.

29/1 Cowra Drive, Newman is listed for sale by Casey Dwyer at Crawford Realty Newman.

You can contact the agent here.

29/1 Cowra Drive, Newman WA 6753

10.7% Return! Set and Forget Investment!