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4/30 Mindarra Drive, Newman WA 6753

Sold price: $120,000 Sold: 29 Aug 2019
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
Apartment
4/30 Mindarra Drive, Newman WA 6753

Do the Math!!!

With a current lease in place at a staggering $325/week this apartment shows an amazing return. With vacancy rates falling and rents rising get on board now as Newman enters its next upswing on the back of renewed vigor from the mining sector.

This top floor 1 bedroom apartment is fully furnished and was only completed in 2012, so its good condition and modern decor makes it attractive to tenants. The location which is across the road from the local primary school, walking distance to the CBD and hospital only enhances the appeal to tenants ensuring strong demand from tenants in the long run.

To make this property even more appealing is the well managed strata with low ongoing fees.


Current lease in place expiring 4/02/2020 at $325.00 p/wk.

Features include:

- Fully furnished
- 1 Bedroom
- 1 Bathroom
- Split system air conditioning
- Wood style flooring throughout
- Neutral decor
- One car space
- Quiet complex of only 8 units

To view this property please call Brett Philp on 0414 666 676

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision.

Property features

  • Air conditioned  
  • Carports 1

Property snapshot by reiwa.com

This property at 4/30 Mindarra Drive, Newman is a one bedroom, one bathroom apartment sold by Brett Philp at Crawford Realty Newman on 29 Aug 2019.

Looking to buy a similar property in the area? View other one bedroom properties for sale in Newman or see other recently sold properties in Newman.

Nearby schools

0.1km
Newman Primary School
  • Primary
  • Government
1.0km
Newman Senior High School
  • Secondary
  • Government
1.1km
Disclaimer

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 $415k
Median $325k
Low end $249k
0.0 %
Annual growth
$325k
Annual median sales price
$595pw
Annual median rental price

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FAQ's

The median house price in Newman is $325,000, the median unit price is $188,000.

4/30 Mindarra Drive, Newman sold on 29/8/2019 for $120,000.
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