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Back 7/166 De Witt Road
Off Market

7/166 De Witt Road

Stove Hill WA 6714

1
1
50 m²
73 m²
Unit
Grace ReidyGrace Reidy, last sold this property on 10 May 2026 after 5 days on market.

Overview

High-Yield Investment Opportunity in the Heart of Karratha

Positioned in one of WA’s most dynamic resource hubs, this well-presented one-bedroom apartment offers an exceptional opportunity for investors seeking strong returns and long-term security. With a solid rental income and quality corporate tenants already in place, this is a true set-and-forget investment. Currently returning an impressive $1,375 per week, and with an asking price of $375,000, the property delivers a compelling approx. 9.5% net yield, a rare find in today’s market. Leased to OSA helicopter pilots and engineers, the apartment benefits from reliable, long-term occupants, with lease agreements secured through to June 2028, providing peace of mind and consistent cash flow. Property Features: Long-term corporate tenancy in place Secure lease through to June 2029 Recently refreshed with minor upgrades completed Professionally managed with onsite management Low-maintenance, investor-friendly asset Investment Highlights: Strong rental return of $1,375 per week High net yield of approximately 9.5% Backed by major industry drivers including Woodside, Chevron & Santos Located in a high-demand rental market Whether you’re expanding your portfolio or entering the investment market, this is a standout opportunity to secure a high-performing asset in a tightly held location. Opportunities like this in Karratha are rare and highly sought-after, call Grace Reidy today on 0450 197 316 to avoid missing out.

Features

1 bedroom
1 bathroom
50 m² floor area
73 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Stove Hill over the last 12 months, the estimated median property value of 7/166 De Witt Road is $350k.

Median value
$350k
Estimated value range
$290k - $375k
Median days on market
33
Estimated value trend
38%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Stove Hill. 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 7/166 De Witt Road

2026
Sold
Undisclosed
Private Sale/Treaty on 10 May 2026 by Grace Reidy, of PRD Project Marketing - WA

Happy sellers in Stove Hill

~%

We have insufficient information to provide an overview of customer satisfaction for Stove Hill. Viewing the agent profiles, reviews and sales for Stove Hill can provide insights for this location.

Local market activity for 1 bedroom units in Stove Hill

In the last 12 months, 3 one-bedroom units similar to 7/166 De Witt Road, have been sold.

This represents a 40% increase in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Stove Hill

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Emily O'Brien

Emily O'Brien is a recommended agent for Stove Hill.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Stove Hill
  •  1 Sale in Stove Hill
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Wes Green

Wes Green is an award winning recommended agent for Stove Hill.  They have 3 local sales across the last 12 months.

  •   4.9   (151 reviews)
  •  3 Sales in Stove Hill
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Jason Stanley

Jason Stanley is a recommended agent for Stove Hill.  They have 1 local sale across the last 12 months.

  •  1 Sale in Stove Hill
View profile
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Grace Reidy

Grace Reidy is a recommended agent for Stove Hill.  They have 1 local sale across the last 12 months.

  •  1 Sale in Stove Hill
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