Back 184B Hare St
Off Market

184B Hare St

West Lamington WA 6430

3
1
1
496 m²
House
Last sold for $510,000
Iris HaynesIris Haynes, last sold this property on 28 April 2026 after 25 days on market.

Overview

UNDER OFFER Brick investment property ~ 8% Yield with Government Lease

UNDER OFFER Eastern states investors — tired of low yields and high holding costs? This is the shift. Leased to the WA Housing Authority until August 2028, this is a secure, high-performing asset delivering strong income from day one. The Property • 3-bedroom, 1-bathroom brick/veneer home • Open plan living, dining with updated kitchen and bathroom • Practical layout suited to long-term tenancy • Not located in a bushfire or flood zone Investment Snapshot • $720 per week rental income • Lease secured to August 2028 • Rent review due June 2026 • Reliable tenant in place since August 2021 • Low vacancy risk • No strata fees – 2-lot subdivision, both with street frontage • 496m² block | 119m² home Why This Outperforms • Approx. 8% gross yield • Perth typical yields: ~4%–5% • Sydney/Melbourne: ~2.5%–4% • Strong cash flow from day one • Lower holding costs, less reliance on growth • Tight local rental market supporting demand Income & Outgoings • $37,440 annual income Estimated Outgoings • Rates: ~$2,400 • Water: ~$300 • Management: ~$3,180 • Maintenance: ~$1,000 • Insurance: ~$1,500 Total: ~$8,380 Condition • Updated kitchen and bathroom • Well maintained by current owners • Presented in good condition throughout • No immediate maintenance required Why This One Performs Government leases with strong weekly rent are tightly held. Add low maintenance, no strata fees and proven tenant stability — this is a clean, reliable investment. Secure This Investment Contact Iris Haynes on 0420 471 461 if you are interested in this property and like to get more information

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
496 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in West Lamington over the last 12 months, the estimated median property value of 184B Hare St is $418k.

Median value
$418k
Estimated value range
$310k - $520k
Median days on market
26
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Lamington. 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 184B Hare St

2026
Sold
$510,000
28 Apr 2026 by Iris Haynes, of John Matthew & Sons - Kalgoorlie
2021
Rented
Undisclosed
Leased on 02 Sep 2021 by John Matthew & Sons - Kalgoorlie
2017
Sold
Undisclosed
23 Dec 2017 by DENISE BROWN, of John Matthew & Sons - Kalgoorlie

Happy sellers in West Lamington

96%
96% of sellers in West Lamington reported that their sale price either exceeded or met their price expectations.

West Lamington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in West Lamington over the last 12 months.

Local market activity for 3 bedroom houses in West Lamington

In the last 12 months, 13 three-bedroom houses similar to 184B Hare St, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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