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45 Braeside Drive, Newman WA 6753

UNDER OFFER !!!

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$600k - $650k Medium Confidence Calculated based on our search observations.

House 5 Beds 2 Baths 2 Cars 762 m²

Listed: 23 days ago

Updated: 11 hours ago

Overview

Positioned on a level 762 m² block in a popular street of Newman, this substantial house represents a prime opportunity for astute investors, particularly due to a long-standing government lease providing stable rental income until 2028. The lease includes a weekly rental of $1,250, with a rent review scheduled for September 2027, offering a dependable and potentially appreciating asset in the current market conditions.

The home itself is thoughtfully designed to support family living, featuring five bedrooms that cater to varying needs, including a master with a walk-in robe and ensuite, while the other bedrooms offer built-in robes for ample storage. Functionality is extended with a dedicated theater room ideal for entertainment and a study that provides a quiet workspace.

The kitchen is a highlight for culinary enthusiasts, showcasing a chef’s layout complete with a double-door pantry and ample overhead storage, facilitating both organized storage and ease of access. The main bathroom includes a bathtub, complementing the ensuited master bedroom for convenience.

Outdoor living is enhanced by an undercover alfresco area fitted with a ceiling fan, perfect for year-round entertaining. Additional practical features include undercover parking and a laundry with generous storage, enhancing the everyday functionality of the home.

This property will appeal most to investors seeking a secure income stream backed by government tenancy, while the home's design and features also make it suitable for families looking for spacious and versatile accommodation in a well-regarded neighborhood.

Local Market Insights

In Newman, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $534,444. All new listings observed during this period were Houses. The most active agency for houses in the Newman area is currently First National, representing 44% of new listings, followed by Crawford Realty with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.