Newman at a glance
6,931
People
$410,000
Median sale
$577/wk
Median rent
7.32%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
WA › Newman › Nicholls Pl
$365,000
Last sold
19 June 2024
3
Bedrooms
1
Bathrooms
5
Car spaces
788 m²
Land
113 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$365,000
19 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Newman (last 5 years) with land size have a median of $585/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Newman at a glance
6,931
People
$410,000
Median sale
$577/wk
Median rent
7.32%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Newman
-11.0%
Median sale
Suburb $410,000
+0.90 pp
Gross yield
Suburb 7.32%
Suburb median $410,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 788 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $577/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 788 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newman at a glance
6,931
People
$410,000
Median sale
$577/wk
Median rent
7.32%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate NewmanWelcome to 2 Nicholls Place, a home located in the heart of Newman and offers a perfect blend of comfort and convenience.
The property is currently rented to a well known company at $600 per week until March 2025, making this an ideal investment.
As you step inside, you'll be greeted by a brand new kitchen with dishwasher that is sure to impress any aspiring chef. The spacious living area provides ample room for relaxation and entertainment, while the brand new carpet adds a touch of luxury to the space. With fresh paint throughout, this home feels bright and inviting.
This property boasts three bedrooms, providing plenty of space for young couples or growing families. The built-in wardrobes offer convenient storage solutions, ensuring that your belongings are always neatly organized. Stay comfortable all year round with air conditioning that keeps the interior cool during hot summer days.
Car enthusiasts will appreciate the three garages and two off-street parking spaces available at this property. There's also an outdoor area where you can enjoy alfresco dining or simply soak up some sunshine. The fully fenced yard provides privacy and security for children or pets to play freely.
Located in a quiet neighborhood, this home offers peace and tranquility while still being within easy reach of shops and amenities. On a generous 788 square meter block, this property presents an excellent opportunity for investors looking to add value or retirees seeking a low-maintenance lifestyle.
Don't miss out on the chance to make this wonderful house your own! Contact us today to arrange a viewing or find out more about this fantastic opportunity.
Property Features:
- Dishwasher
- Built-in wardrobes
- Air conditioning
- Garage
- Outdoor area
- Undercover parking
- Fully fenced
Listing description written by Doug Shaw, First National Real Estate Newman — reproduced as published, not verified by Districts.