Current Market Valuation
Estimated market value: $370,000 (range $320,000 - $420,000)
Notes: The property's estimated value is based on data from 2025. The last recorded sale was 12 years ago for $295,000. It has been listed for rent multiple times, suggesting it may be an investment property.
Purchase History
Approximately 12 years ago - $295,000
Property Details
Type:
House
Bedrooms:
5
Bathrooms:
3
Land (sqm):
645
Car/Garage:
2 parking spaces
Estimated weekly rent:
Around $1,045 per week for larger houses in Newman. Past rental listings for this property include $425/week (2017), $600/week (2015), and $1,750/week (2014).
The median rent for houses in Newman is currently $700 per week, with a median gross yield of 9.9% to 12.6%. For 5+ bedroom houses, median rent is often higher.
Rental vacancy rate:
Not explicitly found in search results. Newman generally has a dynamic rental market due to its mining industry.
Council rate:
Shire of East Pilbara. Specific property rates require direct inquiry with the council.
Water rate:
Water rates in Newman are increasing, effective January 9, 2025. For a standard 5/8-inch, 3/4-inch, or 1-inch meter, the monthly service charge will increase from $28.42 to $32.24.
Strata fee:
N/A (House)
Home and content insurance price:
Highly variable and dependent on insurer, specific property features, and chosen level of cover. General combined home & contents insurance in Australia can range from $1,646 to over $4,500 per year.
Zoning Information
LGA:
Shire of East Pilbara
Zoning:
Residential
Bushfire:
No bushfire related overlays detected
Flood:
No flood management overlays detected
Heritage:
No heritage overlays detected
Potential Developments in the Area
State Government:
Local Government:
East Newman Precinct Structure Plan: A First Nations-led development plan approved by the Western Australian Planning Commission, aiming to improve health, education, housing, and well-being. Priorities include a multipurpose community hub, multi-generational housing, upgrades to parks and streetscapes, and short-stay accommodation.
Newman Town Centre Development Strategy and Master Plan
Location 5 Pingandy Rd, Newman WA, Australia
What's Nearby
Education
Health & Medical
Transportation
Newman Visitor Centre (bus pick-up/drop-off) - Bus service (Integrity Coach Lines, Newman Bus Service)
Boulevard Shopping Centre (bus pick-up) - Bus service (Newman Bus Service)
Suburb Performance
Median Price History
Newman's property market has shown positive growth, particularly for houses. The median sale price for houses has increased over the past year.
Last 12 months (ending August 2025) | $352,500
Last 12 months (ending June 2025) | $340,000
Past 12 months | $335,000
12-Month Growth Insight
Houses: +3.7% annual compound growth rate
Houses: +4.62% annual capital growth
Units: +19.0% annual compound growth rate
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