3/189 Macdonald Street, Kalgoorlie WA 6430

3/189 Macdonald Street, Kalgoorlie WA 6430
A 3-bedroom rear unit in a 6-unit complex built 1990. Features a spa bathroom wood-burning heater dishwasher and pantry. Built-in robes in all bedrooms. One parking space. Brick and iron construction. Located near Kalgoorlie CBD. Its rear positioning within a small complex is a key constraint but the central location and interior condition drive demand from budget-conscious buyers and investors. The property is competitively positioned due to its central location near the Kalgoorlie CBD offering convenience for commuting and amenities. The three-bedroom configuration with a spa bathroom is relatively uncommon in this segment adding appeal for tenants. The interior is well-maintained with a wood-burning heater enhancing comfort. This property is best suited for investors seeking a strong rental yield or first-home buyers looking for an affordable entry point in a central suburb. Its location in a small complex provides a quieter setting compared to larger developments. Value might be affected by the rear unit position which is considered a factor that could limit appeal. The limited parking may be seen as a drawback for some buyers. Shared land tenure might be viewed as a restriction on modifications. However the interior condition and central location are likely to counterbalance these issues.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/189 Macdonald Street, Kalgoorlie WA 6430
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Kalgoorlie is a regional mining hub with a market driven by trade-based employment, offering investors compelling rental yields. Recent price growth has been robust, supported by strong demand from a workforce with above-average regional incomes. The market moves quickly, with houses selling in under a month, indicating tight supply. Future growth is anchored to the mining sector’s stability, though this creates a key risk of sensitivity to economic cycles and interest rates, given the market’s reliance on investment yields.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

299m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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