7 Eagle Rock Turn, Newman WA 6753
7 Eagle Rock Turn, Newman WA 6753
Corporate tenant since 2017 | 4-bed with ensuite & WIR | Pool + tropical gardens | Double lock-up garage | $1,200 weekly rent
This house is presented as a high-spec option within Newman’s housing market. Its configuration, featuring four bedrooms, a master with ensuite and walk-in robe, stone kitchen benchtops, a home office, and a large undercover area overlooking a pool and tropical gardens, is rarely seen in the local area. The double lock-up garage adds practical appeal. The property has been leased to the same corporate tenant since March 2017, currently at $1,200 per week, with the lease extending to March 2027 and an expressed willingness to extend further. This performance indicates sustained institutional demand, positioning the house as best suited to an investor seeking high gross yield and long-term tenancy security rather than a typical owner-occupier.
Value may be influenced by the property’s dependence on a single corporate tenant, as Newman’s premium rental market tracks resource-sector demand. Lease renewals beyond 2027 might affect income continuity. Land size and orientation, together with build age, could moderate buyer interest if the block is smaller than typical for the area. Ongoing pool and garden upkeep adds holding costs, while any local shift in corporate accommodation requirements could alter future rental demand. These factors are worth weighing when forming a price view.
>> Comparable Sales: 7 Nyabalee Rd (3-bed, sold Mar 2025); 39 Homestead Ramble (4-bed, 3-bath) | Property Price Band: $600K–$700K | Value Drivers: Condition, tenancy security, outdoor amenity
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Eagle Rock Turn, Newman WA 6753
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Newman WA 6753 is a remote residential market with a median house price of $368,500 and 10.49% annual growth, though recent figures range from $344,500 to $372,500. Houses spent 41–73 days on market. Units have declined 5.15% to $207,000. Rental yields are exceptionally high at 12.84% for houses and 13.06% for units, with median weekly rents of $750 and $600. Demand is driven by a dominant 30–39 age cohort and high household incomes. Annual house sales remain steady at 76–77. Key risks include unit price weakness and days-on-market variability, while future growth drivers are not evident in the data.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
642m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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