29 Callawa Way, Newman WA 6753
29 Callawa Way, Newman WA 6753
4 bedroom house | 3 living areas | refurbished to like-new | 665m² land | high rent signal at $995/week
This property stands out in Newman for its generous configuration and recent refurbishment. The combination of four bedrooms, three separate living areas, and a substantial 665m² block is uncommon in the local market, making it a strong option for larger families or companies needing quality staff accommodation. The fresh vinyl plank flooring, split-system air conditioning, and well-planned storage like the walk-in pantry and walk-through robe suggest a home that has been thoughtfully updated. Its size and condition position it above the typical entry-level stock, and the advertised rental price of $995 per week signals strong demand from higher-budget households or employer-backed tenants.
The March 2025 sale date means the transaction is very recent, which may set a current market reference point, though the price is not confirmed from available data. The internal floor area discrepancy between 173m² and 178m² is minor but worth clarifying during due diligence, as it could affect valuation or buyer perception. The property’s appeal to both owner-occupiers and corporate buyers might widen the buyer pool, but its remote location in a mining town means resale timing could be influenced by local economic cycles. Buyers should weigh the refurbishment quality and ongoing maintenance of the home against its strong rental yield potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Callawa Way, Newman WA 6753
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
Newman WA 6753
Newman presents a compelling investment case anchored in robust rental yields and strong capital growth for houses, driven by a young, working-age demographic. The market is characterised by high rental demand, with houses achieving solid capital appreciation while units face recent price pressure. Future growth remains tied to the region’s economic drivers, though the market’s reliance on these factors and its sensitivity to population fluctuations represent inherent considerations.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
665m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst