28A Nelley Way, Wickham WA 6720
28A Nelley Way, Wickham WA 6720
1979 solid brick | 3×1 single-level | leased at $550/wk | 529sqm lot | Wickham Pilbara
The property is built from solid brick in 1979 and configured as a three-bedroom one-bathroom single-level home on a 529 square metre lot. A current lease at $550 per week has been secured until mid-2026, which is considered a key advantage for investors seeking immediate cash flow in the Pilbara market. The property is best suited for yield-focused buyers or as an entry-level option for owner-occupiers who prioritise durability and low-maintenance living. Its older construction is recognised for robust materials, and the Wickham setting is aligned with resource-sector worker demand. The compact block and simple layout are seen as practical, reducing ongoing upkeep.
The property’s 1979 build date may involve systems that are nearing replacement age, which could affect its appeal. Detailed information on renovations or internal finishes has not been confirmed, so value is largely tied to the current lease and location. The modest land size may limit future subdivision potential. Orientation and outdoor amenity details are not verified, making a physical inspection advisable. The lease provides income security but may lock in rent until 2026, which could appeal to investors seeking predictability.
Detailed Independent Property Report prepared by PropCred Analyst team for 28A Nelley Way, Wickham WA 6720
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Driven by a highly specialized local economy, Wickham provides unique regional infrastructure tailored to corporate workforces, essential workers, and yield-focused investors. The market has recently seen intense localized demand, offering exceptionally high rental yields and robust transactional velocity driven by broader resource sector activity. While the gross cash-flow potential is immense, buyers must watch out for cyclical price volatility closely tied to global commodity markets and local project lifespans.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
529m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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