18 Schillaman StreetWedgefield WA 6721
Property Details for 18 Schillaman St, Wedgefield
Last Listing description (May 2021)
Port Hedland is widely considered the engine room of the Australian economy, with the town being highly leveraged to the sustained iron ore / mining boom currently underway. As Australia's highest tonnage ports, this area forms the epicentre of BHP's, FMG's and Hancock Prospecting's key operations and provides exceptional investment potential.A substantial industrial facility of 1200m2 or workshop space sitting on an elevated site of approx 8335m2 with excellent drainage.The property includes air-conditioned clean rooms and offices, an ashphalt and cracker-dust hardstand and three phase power.The high bay shed is suitable for servicing of large machinery, trucks or for engineering, and the entire property is securely fenced and gated.Bullet points:Current lease term - 4 years with an additional option term of 4 yearsQuality tenant with an established company and track record Large, fenced and gated yardIncludes a home for workers and caretakers accommodation
Property History for 18 Schillaman St, Wedgefield, WA 6721
- 04 May 2021Listed for Sale $1,500,000
- 18 Mar 2021Sold for $1,450,000
- 16 Feb 2021Listed for Sale $1,500,000
Recent sales nearby
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About Wedgefield 6721
The size of Wedgefield is approximately 18.1 square kilometres. The population of Wedgefield in 2016 was 144 people. By 2021 the population was 127 showing a population decline of 11.8% in the area during that time. The predominant age group in Wedgefield is 50-59 years. Households in Wedgefield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wedgefield work in a machinery operators and drivers occupation.In 2021, 35.30% of the homes in Wedgefield were owner-occupied compared with 27.30% in 2016.
Wedgefield has 475 properties. Over the last 5 years, Houses in Wedgefield have seen a -42.92% decrease in median value, while Units have seen a -82.91% decrease. As at 30 April 2026:
- The median value for Houses in Wedgefield is $720,237 while the median value for Units is $405,874.
Suburb Insights for Wedgefield 6721
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