29/1 Cowra Dr, Newman is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1997. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Townhouse sold in Newman in the last 12 months.
Investing doesn't get much easier than this terrific two bedroom one bathroom property situated in an excellent location only a short distance from all of Newman's essential services and a gross return of 11.33%!!
With a current lease in place at $425 p/w till 24 November 2025 and offering solid return of around 10.7%, the figures make as much sense as the location.
The property offers spacious living with a good size and practical kitchen, great size bedrooms with built in robes and a spacious bathroom. Outside includes a private alfresco area, single carport and extra parking space.
Further features include:
Two bedroom one bathroom
Very well maintained property
Good size living areas
Double built-in robes to each bedroom
Quality carpet and tiling
Split system air conditioning
Easy to maintain with no lawns / gardens
Great complex very well maintained
Excellent location / handy to all major facilities
A terrific set and forget investment, the location and maintenance free nature of these properties are always popular in the Newman leasing market.
For further information and inspection call Casey Dwyer on 0459 321 603!
Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.
The size of Newman is approximately 27986.7 square kilometres. It has 13 parks. The population of Newman in 2016 was 7238 people. By 2021 the population was 6456 showing a population decline of 10.8% in the area during that time. The predominant age group in Newman is 30-39 years. Households in Newman are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newman work in a trades occupation.In 2021, 11.80% of the homes in Newman were owner-occupied compared with 8.60% in 2016.
Newman has 2,891 properties. Over the last 5 years, Houses in Newman have seen a 63.65% increase in median value, while Units have seen a 104.66% increase. As at 30 November 2025:
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