Current Market Valuation
Estimated market value: $252,000 - $260,000 (with a range of $225,000 - $295,000)
Notes: Estimated value based on comparable sales, past sales, and available property data. The estimate may not account for unique features and attributes.
Purchase History
05 Dec 2022 - $208,000
24 Feb 2012 - $860,000
Property Details
Type:
House
Bedrooms:
3
Bathrooms:
2
Land (sqm):
359
Car/Garage:
2 car spaces (likely carport)
Estimated weekly rent:
$530 - $570 PW
Current lease in place at $530 per week, indicating excellent returns of over 10.2%. PropTrack estimates a rental income of $570 per week with a range of $500pw - $635pw.
Rental vacancy rate:
Information on specific vacancy rates is not readily available, but Newman had 10 properties available for rent last month.
Council rate:
$1185 (Residential minimum for 2024-2025)
Water rate:
Rates increased January 9, 2025; a 5/8-inch, 3/4-inch, and 1-inch meter increased from $28.42 to $32.24 per month. Residential rate in Newman for 2024 is 1.289 cents/$.
Strata fee:
N/A - This is a house, not a strata-titled property.
Home and content insurance price:
N/A - Requires a custom quote based on individual circumstances and chosen insurer.
Zoning Information
LGA:
Shire of East Pilbara
Zoning:
Residential
Bushfire:
Not detected
Flood:
Not detected
Heritage:
Not detected
Potential Developments in the Area
State Government:
Pilbara Cities initiative aims to increase Newman's population from 6,000 to 15,000 by 2035.
Newman Horizons residential estate offering quality and diverse land choices, energy and water efficient housing.
East Newman Estate (LandCorp) is the largest residential land release under development.
Future Newman Gateway Commercial Centre to provide new retail experiences and services.
Local Government:
East Newman Precinct Structure Plan approved (Feb 2024) - a First Nations-led development aiming for improved housing, community facilities, and amenities.
Newman Light Industrial Estate with further development anticipated.
Newman Futures strategy focusing on housing, attracting skilled workers, and community development.
Location 15A Armstrong Way, Newman WA, Australia
What's Nearby
Education
Health & Medical
Transportation
Newman - Limited public transport options; residents often rely on private vehicles.
Suburb Performance
Median Price History
Newman has seen a significant growth in house prices over the past year. The median house price in Newman over the last year is $340,000 (May 2024 - May 2025). The median sale price for 3-bedroom houses is $310,000 with a 6.0% growth in the past 12 months.
May 2024 - May 2025 | $340,000
Past 12 months (up to Feb 2025) | $335,000
12-Month Growth Insight
Houses: Up 3.0% (May 2024 - May 2025)
3-bedroom houses: Up 6.0% (May 2024 - May 2025)
Overall annual compound growth rate for houses: 10.3%
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