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Investment Property Newman, WA, 6753

Suburb Snapshot

Newman is a suburb in the East Pilbara Region of Western Australia. Newman has a population of 7,241 people and 47.34% of its occupants live in rental accommodation. The median listing price for houses is $349,000 and this has changed 0.00% over the past year and changed -2.25% over 2 years.

The median rent in Newman for houses is $600 per week and the median rental yield is 8.93%. Stock on the market for houses/townhouses has changed 11.76% compared to last year and the average time to sell a house/townhouse is 140 days.The median listing price for units is $196,500 and this has changed 9.77% over the past year. The average unit takes 105 days to sell and the median rent for a unit in Newman is $400 per week, producing a rental yield of 10.58%.

Supply & Demand in Newman, East Pilbara

2.66%

Current vacancy rate


73

Rental stock available


7,241

Population


47.34%

Rental population


2.11%

Current vacancy rate


73

Rental stock available


10,587

Population


44.24%

Rental population


0.62%

Current vacancy rate


7,457

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Newman, East Pilbara

  House Townhouses Units
Median listing price $349,000 NA $196,500
Median price change - last quarter 2.64% NA 0.76%
Median price change - 1 year 0.00% NA 9.77%
Median price change - 2 years -2.25% NA 16.27%
  House Townhouses Units
Median weekly rent $600 $550 $400
Median yield % 8.93% NA 10.58%
Median rent change - 1 year -7.70% 22.22% 0.00%
  House Units
Previous month sales 0 0
Stock on market previous month 76 11
Stock variance vs. last year 11.76% 83.33%
Average days on market 140 105

Newman investment property listings

Showing 5 of 68 investment properties found in Newman on realestateinvestar.com.au

4 Barara St, Newman

$449,000

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Leased at $950 per week

The tenant is a major corporate client and the lease runs through to the 28th March 2025. The home has 4 bedrooms with a spectacular ensuite making it a 4 bedroom, 2 bathroom home, located in one of Newman's better streets complete with a large quality shed. The refurbishment has included ...

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WA 6753


5B Anka Pl, Newman

$150,000

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Investment Opportunity with a secured tenant

The unit offers a light and bright open plan living area with plenty of room to set up a meals/dining area. The two bedrooms are fitted with good quality split air conditioners and are located at the rear of the property. As the Newman property market continues get busier and gain momentum, now ...

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WA 6753


67 Fortescue Ave, Newman

$339,000

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4 BEDROOMS PLUS POOL, ROOM FOR EVERYONE.

67 Fortescue Avenue is now available for sale. This property boasts 4 bedrooms, 1 bathroom, a garage/worshop plus carport and off-street parking. Situated in an established area of Newman, this home offers a convenient location close to schools and amenities. The property features built-in ...

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WA 6753


17 Yanboomah Cl, Newman

$329,000

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Ideal Family Home

Positioned in a cul-de-sac this home offers plenty of scope and opportunity for someone looking for a family friendly home with plenty of room for children to play or access to build the large shed that we men desire. The home has not only a formal lounge and dining room but also a meals area ...

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WA 6753


14 Mullamulla St, Newman

$375,000

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Investors Take Note.

Here is the perfect property to add to any portfolio. The home has 4 bedrooms and 3 bathrooms which is a highly sought after commodity by companies looking for quality, low maintenance, staff housing. The large open plan living area is fully tiled and opens to an outdoor undercover area which is ...

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WA 6753


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