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.
$315,000
Last sold
20 Nov 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
687 m²
Land
1,021.933 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
$315,000
20 Nov 2023 · 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
-23.2%
Median sale
Suburb $410,000
+2.21 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 687 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 687 m² — that is not official geometry.
Nearby development pipeline
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 NewmanInvest or Owner Occupy with an Eye to the Future!
They say location, location, location is everything in real estate, well how about location, location, location with returns in the vicinity of 10% and development potential!!
This three bed one bathroom property offers a terrific opportunity to either invest in a great location or for local companies or owner occupiers the opportunity to turn the property into an oasis in one of the most convenient locations in Newman.
The property has a good size living and meals area, spacious kitchen with plenty of bench and cupboard space, good size bedrooms and a large undercover patio area.
The property has also recently been upgraded with new split system air conditioning units, internal painting, timber look vinyl in bedrooms and even a new roof!
From a leasing perspective the property can be leased for between $600 p/w.
Further property features include:
- 3 bedroom 1 bathroom home
- Living / Dining area
- Spacious practical kitchen
- Bedrooms all have built in robes
- Bathroom with separate bath / shower
- WC in spacious laundry
- Split system air conditioners throughout
- Great size undercover patio area
- Storage shed off patio area
- Single undercover carport plus space for extra parking
Situated in close proximity to the Newman Recreation Centre, Newman High School and only a short walk from the CBD shopping precinct, this location is one of the best in Newman.
A great opportunity for an investor or local owner occupier to either move in or have steady income and then potentially look at developing in the future when the time is right in this recovering marketing place.
Call Dave Rowe on 0400 313 566 for further information and inspections.
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.
Nearby 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.