1 Maley StreetNewdegate WA 6355
Property Details for 1 Maley St, Newdegate
Last Listing description (April 2017)
This well maintained Hotel lies in a monopoly location in the Southern Wheatbelt region of WA, nearly 400km SE of Perth. The two storey Hotel has had consistent trade over the past few years with a turnover of over $900,000+ p.a. - making this an ideal family business.
The Vendors are selling to focus on their farm and their young family, as such they are now willing to offer Vendor Finance to potential Buyers - for the very low asking price of $540,000 plus stock.
This is a great business and sound investment opportunity - offering a 28% return on investment. For full details call Patrick today.
Property History for 1 Maley St, Newdegate, WA 6355
- 17 May 2020Sold for $450,000
- 10 Apr 2017Sold for $450,000
- 14 May 2015Listed for Sale $540,000 + SAV
About Newdegate 6355
The size of Newdegate is approximately 297.7 square kilometres. There are 4 parks, covering nearly 0.2% of the total area. The population of Newdegate in 2016 was 167 people. By 2021 the population was 159 showing a population decline of 4.8% in the area during that time. The predominant age group in Newdegate is 60-69 years. Households in Newdegate are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newdegate work in a labourer occupation.In 2021, 61.90% of the homes in Newdegate were owner-occupied compared with 58.20% in 2016.
Newdegate has 205 properties. Over the last 5 years, Houses in Newdegate have seen a 179.44% increase in median value. As at 31 May 2026:
- The median value for Houses in Newdegate is $296,595 while the median value for Units is $84,074.
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