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422 Hibiscus Street, Tom Price WA 6751

Sold price: $849,000 Sold: 20 Jul 2022
Sold
  • 4 Bedrooms
  • 1 Bathroom
  • 2 Cars
House
422 Hibiscus Street, Tom Price WA 6751

Tom Price Palace

Arguably one of the best homes in Tom Price, this lovely home has just been leased to a Blue Chip Tenant for 3 years at $2,000.00 per week.

Recently renovated, lovely gardens, split systems throughout and a spa bath in the bathroom.

As it's been an owner-occupied house for so long, it has been kept in great condition and is a credit to the current owner.

A solid investment for the astute investor.

12% Returns don't come by too often these days, yet here it is, waiting for you to reap the benefits of investing in the Pilbara, the engine room of Australia's economy.

Property features

  • Garages 1
  • Carports 1
  • Toilets 1

Property snapshot by reiwa.com

This property at 422 Hibiscus Street, Tom Price is a four bedroom, one bathroom house sold by Jason van Straalen at Milestone Realty Dalkeith Nedlands on 20 Jul 2022.

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

Nearby schools

0.8km
Tom Price Primary School
  • Primary
  • Government
1.2km
Tom Price Senior High School
  • Secondary
  • Government
2.6km
Disclaimer

Tom Price overview

Tom Price is an iron mining town in the Pilbara region, 1458 kilometres north northeast of Perth and 89 kilometres north of Paraburdoo. Following the discovery and development of the iron mining industry in this area in the 1960s, a private townsite named Tom Price was established by Rio Tinto Southern Pty Ltd. It was officially named Tom Price Townsite in 1967, but was not a gazetted townsite until 1985. The townsite derives its name from Mount Tom Price, a mountain in the Hamersley Range named in 1962. The name Mount Tom Price was proposed by Rio Tinto Southern Pty Ltd after the late Mr Tom Price, a colleague of theirs who was involved in iron ore negotiations with the Premier of Western Australia in 1961. Mr Price was highly regarded and played an important role in the eraly development of the iron mining industry in the Pilbara.

Tom Price quick stats

High end $808k
Median $510k
Low end $453k
-23.3 %
Annual growth
$510k
Annual median sales price
$1,975pw
Annual median rental price

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FAQ's

The average number of selling days in Tom Price is 86 days.

422 Hibiscus Street, Tom Price sold on 20/7/2022 for $849,000.

422 Hibiscus Street, Tom Price was sold by Jason van Straalen at Milestone Realty Dalkeith Nedlands.

You can contact the agent here.

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