Back 16 Newman Street
Off Market

16 Newman Street

Glen Iris WA 6230

3
2
2
118 m²
260 m²
House
Jim EvansJim Evans, last sold this property on 15 March 2023 after 142 days on market.

Overview

ONE FOR THE INVESTORS

This well-appointed three bedroom, two bathroom home built in 2008 is ideal for the investor. A 260m2 block means very low maintenance to the outside yet the home is big enough for a growing family. The open plan design puts all living areas together leading to an alfresco and small garden area to the rear. Located in a sought after area close to the Bunbury Farmers Market and schools, it will provide a good return on your investment with good potential for capital growth in the current market. The property has a lease currently in place until September 2023 rented at $380 per week with the potential for a $50 increase to be made in March 2023. Property Features: Galley kitchen Kitchen/dining/living open plan Split system reverse cycle aircon to main living area Vinyl flooring to living areas and passages Good sized master bedroom with en-suite bathroom Robes, ceiling fans and quality carpets to all bedrooms Low maintenance grounds Outdoor alfresco area Gas HWS Double carport For a private viewing please contact Jim Evans on 0410 303 777

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
118 m² floor area
260 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Glen Iris over the last 12 months, the estimated median property value of 16 Newman Street is $620k.

Median value
$620k
Estimated value range
$560k - $770k
Median days on market
15
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glen Iris. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Newman Street

2023
Sold
Undisclosed
15 Mar 2023 by Jim Evans, of Summit Realty South West
2014
Sold
$295,000
Private Sale/Treaty on 17 Sep 2014

Happy sellers in Glen Iris

95%
95% of sellers in Glen Iris reported that their sale price either exceeded or met their price expectations.

Glen Iris stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Glen Iris over the last 12 months.

Local market activity for 3 bedroom houses in Glen Iris

In the last 12 months, 11 three-bedroom houses similar to 16 Newman Street, have been sold.

This represents a 48% increase in three-bedroom houses sales when compared to the previous 12 months.

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