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16 Thomson Street, Northam WA 6401

$ 675 000

Search Band Search Visibility Band

$650k - $700k High Confidence Calculated based on strong search observations.

House 4 Beds 2 Baths 4 Cars 920 m²

Listed: yesterday

Overview

Positioned on a substantial 920sqm block zoned R30, this well-sized Northam house offers both comfortable living and attractive investment potential. The property boasts a generous internal layout with four bedrooms and a separate multipurpose room adaptable to a fifth bedroom, home office, or recreational space, suiting a variety of lifestyle needs and family configurations.

The master bedroom enjoys privacy at the front of the home, featuring a walk-in robe and ensuite with its own toilet, enhancing convenience and comfort. Additional bedrooms provide built-in robes and share a functional main bathroom equipped with a bathtub, catering well to family or guest accommodation requirements.

Living areas are thoughtfully designed with multiple zones including a front lounge, and an open-plan kitchen, dining, and family space. The kitchen overlooks the main living zone and is fitted with practical appliances including a gas cooktop and electric oven. Comfort is assured throughout the home with ducted evaporative air conditioning and efficient electric hot water system.

Outdoor amenities complement the home’s functionality, featuring a double carport with direct access to the kitchen, along with extra parking and drive-through access ideal for additional vehicles, trailers, or hobby equipment. The backyard provides a large covered area for entertaining alongside a garden shed, with established low-maintenance gardens offering easy care and usable outdoor space.

Currently secured with a fixed-term lease at $650 per week until May 2027, this property offers immediate rental income and allows investors a hassle-free holding period. For future homeowners, the lease provides flexibility and time to plan while benefitting from an established income stream. Holding a long-term investment history, the home is ready for cosmetic upgrades at a comfortable pace, presenting multiple options for buyers considering lifestyle, investment, or future development possibilities.

At a price point of $675,000, this Thompson Street property presents a balanced opportunity to acquire a substantial and adaptable home in a desirable location with a strong existing rental return and promising potential for personalisation or growth.

Local Market Insights

In Northam, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 12 during the previous 30-day period, with an average advertised asking price of $693,484. The property type mix of listed properties is predominantly Houses at 82%, followed by land (16%), and commercial properties (3%). The most active agency for houses in the Northam area is currently First National, representing 32% of new listings, followed by Elders Real Estate with 29%. 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.