2 Carney Street, Newman WA 6753
This property is Off Market
- The Average property price in this area is $402,470, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 351.57 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Newman
With an average age of 31, households expect an average monthly mortgage payment of $1,734 or a weekly rent payment of $103. The average family earns a weekly income of $3,562 with a typical household size of 2.6 and a 96.0% employment rate.
In Newman there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Newman is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Newman leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Newman to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Newman we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Newman a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 11%)
Are people healthy?
A good place to invest in property?
Newman a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
63 / 100
55 / 100
Industry
26 / 100
48 / 100
Population
10 / 100
35 / 100
House Prices
13 / 100
62 / 100
Jobs
04 / 100
17 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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Newman Senior High School
Newman, WA, 6753 State 7-12 -
Newman Primary School
Newman, WA, 6753 State K-6 -
South Newman Primary School
Newman, WA, 6753 State K-6
Property Story
2 Carney Street, Newman, Wa, 6753 is a residential property with 4 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $450,000 while properties of this type typically sell for between $210,000 and $450,000 in this suburb. The estimated distance to the sea is 351.57km and 0.03KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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