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 › Mullamulla St
5
Bedrooms
5
Bathrooms
2
Car spaces
467 m²
Land
142 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Newman (last 5 years) with land size have a median of $584/m² of land (n=80). 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.
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 467 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 467 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 Avalon Real Estate NewmanStrong Returns / Unique Floorplan
Looking for a unique investment with strong corporate tenant and returns in the vicinity of 11.5%?? Well we have found the prefect property for you..........
Purpose built for the corporate leasing market this 5 bedroom 5 bathroom property is a rare find in the Newman market and offers security and growing returns to the savvy investor.
The property has had the same strong multinational corporate tenant in place for the past 5 years with the current lease due for renewal in April 2024 and a current rental income of $1200 p/w!
The layout has always proven popular with corporate tenants with each double sized bedroom having their own ensuite and with enough room for televisions it really is like the occupants have their own studio apartment.
Communal living area with large kitchen, separate powder room and laundry complete the unique practical layout.
Features include:
- 5 ensuited double sized bedrooms
- Large shared open plan living / dining
- Spacious and practical galley style kitchen
- Separate powder room off living areas
- Large shared laundry with walk in linen
- Two of the bedrooms have direct access to rear yard
- Low maintenance gardens and secure rear yard
- Double carport with plenty of extra parking
- Large storeroom under main roof off carport
- Executive location in the Kurra Estate
With a long term tenant in place, strong returns and well under replacement value this property is really a no brainer for any investment portfolio.
For further information or inspections call Dave on 0400 313 566
Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.
Listing description written by Dave Rowe, Avalon Real Estate Newman — reproduced as published, not verified by Districts.