7/166 De Witt Rd, Stove Hill is a 1 bedroom, 1 bathroom Unit. The property has a land size of 73m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Stove Hill in the last 12 months.
Positioned in one of WA’s most dynamic resource hubs, this well-presented one-bedroom apartment offers an exceptional opportunity for investors seeking strong returns and long-term security. With a solid rental income and quality corporate tenants already in place, this is a true set-and-forget investment.
Currently returning an impressive $1,375 per week, and with an asking price of $375,000, the property delivers a compelling approx. 9.5% net yield, a rare find in today’s market.
Leased to OSA helicopter pilots and engineers, the apartment benefits from reliable, long-term occupants, with lease agreements secured through to June 2028, providing peace of mind and consistent cash flow.
Property Features:
Long-term corporate tenancy in place
Secure lease through to June 2029
Recently refreshed with minor upgrades completed
Professionally managed with onsite management
Low-maintenance, investor-friendly asset
Investment Highlights:
Strong rental return of $1,375 per week
High net yield of approximately 9.5%
Backed by major industry drivers including Woodside, Chevron & Santos
Located in a high-demand rental market
Whether you’re expanding your portfolio or entering the investment market, this is a standout opportunity to secure a high-performing asset in a tightly held location.
Opportunities like this in Karratha are rare and highly sought-after, call Grace Reidy today on 0450 197 316 to avoid missing out.
The size of Stove Hill is approximately 32.7 square kilometres. The population of Stove Hill in 2016 was 46 people. By 2021 the population was 6 showing a population decline of 87.0% in the area during that time. The predominant age group in Stove Hill is 60-69 years. Households in Stove Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stove Hill work in a trades occupation.In 2021, 0.00% of the homes in Stove Hill were owner-occupied compared with 0.00% in 2016.
Stove Hill has 114 properties. Over the last 5 years, Houses in Stove Hill have seen a 147.02% increase in median value, while Units have seen a -0.60% decrease. As at 31 July 2026:
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