Sold
18/1 Cowra Drive, Newman WA 6753
Sold price: $202,000
Sold: 28 May 2025
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 125m2
Villa
View
2 BEDROOM UNIT - ALMOST 11% ROI
Currently leased at $435 per week this 2 bedroom unit is an excellent investment with a gross ROI of almost 11%.
Currently leased until Feb 2026 this property will provide a solid income stream.
Located in a popular well located area the unit has split system air conditioning to living and bedroom areas plus an open plan kitchen/dining/living area.
The home has a single carport plus an extra open parking space.
Easy access to CBD and just 100 metres to the popular Red Sands Complex.
* 2 Bedrooms
* Open plan living area
* Combined bathroom/laundry
* Split system air conditioning
* Carport plus extra parking space
* Good location
Property features
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Carports
1
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Floor area
65m2
Property snapshot by reiwa.com
This property at 18/1 Cowra Drive, Newman is a two bedroom, one bathroom villa sold by Doug Shaw at Newman First National on 28 May 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Newman or see other recently sold properties in Newman.
Nearby schools
Newman overview
Newman is a mining company townsite in the Pilbara region, 1184 kilometres northeast of Perth. The townsite was gazetted in 1972 after the Mount Newman Mining company developed a large iron ore mine at Mount Whaleback. The townsite is named after the nearby Mount Newman, a 1055 meter high mountain in the Ophthalmia Range.
Mount Newman was named by the surveyor W F Rudall in 1896, "in honour of our late leader". Newman was Aubrey Woodward Newman, the original leader of the survey party carrying out surveys in the neighbourhood of the Ophthalmia Range in 1896. He contracted typhoid fever at Peak Hill and, too ill to continue, was later returned to Cue where he died on May 24th, 1896.
Newman quick stats
High end
$410k
Median
$335k
Low end
$280k
3.7 %
Annual growth
$335k
Annual median sales price
$700pw
Annual median rental price