35 Northam-Pithara Road, Irishtown WA 6401
35 Northam-Pithara Road, Irishtown WA 6401
160ha rural holding | two leased residences | $450/wk lease to 2026 | near Northam Airport | productive farmland
This property is positioned as a rare large-scale rural holding close to Northam services and the airport. The 160 hectares with two leased residences is regarded as an uncommon income-producing dimension for its size. Stone and brick fireplaces, polished timber floors, and established gardens are presented as a genuine country homestead feel, while leased income at $450 per week, with market rent estimated higher, is offered as a buffer. Farm operators, lifestyle buyers wanting acreage with rental support, and investors seeking a land-backed holding are all served. Extensive road frontage and working farm capacity are considered more versatile than typical hobby farms.
Value may be influenced by the productive capacity of the farmland, dwelling condition, and rental income in place. Cash flow is provided by the two leases, but upgrades to the second residence and seasonal access might need to be weighed. Market positioning may also be shaped by the mix of agricultural and lifestyle demand.
>> Comparable Sales: 1608 Northam-Pithara Road sold $890,000; 30.5ha Irishtown sold $1.6M | Property Price Band: $3.4M to $3.6M | Value Drivers: land size, rental income, farm condition
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Northam-Pithara Road, Irishtown WA 6401
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Market Insight
Irishtown is an exceptionally thin market, with activity driven almost entirely by its reliance on the broader Northam catchment for services and infrastructure. Demand is limited to a small pool of buyers seeking a rural lifestyle within reach of a regional centre, with no meaningful local buyer profile discernible from the sparse sales evidence. The market’s single recorded transaction in the past year signals low liquidity and a price point that reflects scarcity rather than established depth. Future conditions will hinge on the strength of the wider regional WA market, which has shown robust growth and quick turnover, though this momentum introduces rate sensitivity and affordability pressure. The principal constraint remains the locality’s extreme data thinness, leaving values vulnerable to shifts in broader sentiment.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
6
Land
159.98 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst