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8 Homestead Ramble, Newman WA 6753

Sold price: $429,000 Sold: 23 Jul 2021
Sold
  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 737m2
House

Investment Gold, Leased until 2025 to a Government Department.

This fantastic home is the perfect property to add to any portfolio as its leased to the government until July 2025 at $750/week, with the bonus of annual rent reviews.

The Newman market is showing strong growth with excellent returns on the back of a resurgent mining industry which is being forced into a more residential based business model due to the difficulties imposed by the current pandemic and border closures.

This home was completed in 2012 and has 4 bedrooms, 2 bathrooms home cinema and a large outdoor area. All of this is positioned in a desirable street surrounded by quality modern homes.

A quality property like this is a worthy inclusion into any investment portfolio.

Features include:
- 4 x 2
- Home Theatre
- Separate study
- Split air conditioning throughout
- Covered 2 car parking
- Covered alfresco
- Landscaping
- Fully fenced

Contact our sales team today on (08) 9116 8000 to arrange a viewing.

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 2

Property snapshot by reiwa.com

This property at 8 Homestead Ramble, Newman is a four bedroom, two bathroom house sold by Brett Philp at Crawford Realty Newman on 23 Jul 2021.

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

Nearby schools

1.5km
Newman Senior High School
  • Secondary
  • Government
1.6km
1.8km
Newman Primary School
  • Primary
  • Government
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 $420k
Median $325k
Low end $240k
-0.6 %
Annual growth
$325k
Annual median sales price
$700pw
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.

The average number of selling days in Newman is 77 days.

8 Homestead Ramble, Newman was sold by Brett Philp at Crawford Realty Newman.

You can contact the agent here.

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