184B Hare StreetWest Lamington WA 6430
Property Details for 184b Hare St, West Lamington
184b Hare St, West Lamington is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 496m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in West Lamington in the last 12 months.
Last Listing description (April 2026)
UNDER OFFER Eastern states investors — tired of low yields and high holding costs? This is the shift.
Leased to the WA Housing Authority until August 2028, this is a secure, high-performing asset delivering strong income from day one.
The Property
• 3-bedroom, 1-bathroom brick/veneer home
• Open plan living, dining with updated kitchen and bathroom
• Practical layout suited to long-term tenancy
• Not located in a bushfire or flood zone
Investment Snapshot
• $720 per week rental income
• Lease secured to August 2028
• Rent review due June 2026
• Reliable tenant in place since August 2021
• Low vacancy risk
• No strata fees – 2-lot subdivision, both with street frontage
• 496m² block | 119m² home
Why This Outperforms
• Approx. 8% gross yield
• Perth typical yields: ~4%–5%
• Sydney/Melbourne: ~2.5%–4%
• Strong cash flow from day one
• Lower holding costs, less reliance on growth
• Tight local rental market supporting demand
Income & Outgoings
• $37,440 annual income
Estimated Outgoings
• Rates: ~$2,400
• Water: ~$300
• Management: ~$3,180
• Maintenance: ~$1,000
• Insurance: ~$1,500
Total: ~$8,380
Condition
• Updated kitchen and bathroom
• Well maintained by current owners
• Presented in good condition throughout
• No immediate maintenance required
Why This One Performs
Government leases with strong weekly rent are tightly held. Add low maintenance, no strata fees and proven tenant stability — this is a clean, reliable investment.
Secure This Investment
Contact Iris Haynes on 0420 471 461 if you are interested in this property and like to get more information
Property History for 184b Hare St, West Lamington, WA 6430
- 03 Apr 2026Listed for Sale $469,000 Offers From
- 02 Apr 2026Sold for $510,000
- 05 Aug 2021Listed for Rent - Price not available
Recent sales nearby
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0About West Lamington 6430
The size of West Lamington is approximately 3.0 square kilometres. There are 7 parks, covering nearly 20.4% of the total area. The population of West Lamington in 2016 was 1447 people. By 2021 the population was 1373 showing a population decline of 5.1% in the area during that time. The predominant age group in West Lamington is 30-39 years. Households in West Lamington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Lamington work in a trades occupation.In 2021, 58.40% of the homes in West Lamington were owner-occupied compared with 58.40% in 2016.
West Lamington has 647 properties. Over the last 5 years, Houses in West Lamington have seen a 64.14% increase in median value, while Units have seen a 105.79% increase. As at 31 May 2026:
- The median value for Houses in West Lamington is $547,073 while the median value for Units is $418,785.
- Houses have a median rent of $715 while Units have a median rent of $680.
Suburb Insights for West Lamington 6430
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