1/1240 Wilgerup Place, Tom Price

4 bed | 2 bath | Built 2022 | High-yield investment with willing tenants at ~$2,200/week

A rare near-new home in the heart of Tom Price-most local housing dates from the original mining-town expansion of the late 1960s-early 1970s, so contemporary builds like this are tightly held.

Why you'll love it

Modern 2022 construction: Enjoy the low-maintenance benefits, better insulation, and current compliance you simply don't get in the older 1970s stock common to Tom Price.

4 generous bedrooms + 2 bathrooms: Ideal for family living or company leases.

Move-in ready investment: Tenants are willing to pay ~$2,200 per week (approx. $114,400 p.a.).

Finance-friendly: A Lease Agreement as a Special Condition of Sale can be provided to support servicing/finance.

Strong yield region: Tom Price consistently ranks among Australia's top yield markets thanks to the resources economy.

Fast facts

Address: 1/1240 Wilgerup St, Tom Price WA 6751

Land/Build: Modern 4x2 layout (2022 build) with low-care grounds

Tenancy: Prospective tenants at ~$2,200/wk; settlement can include a lease as a special condition

Outgoings: Standard shire/water rates (enquire)

Zoning: Residential (Shire of Ashburton)

Investment note: At $2,200/wk, projected gross income is ~$114,400 p.a. (before costs). Tom Price house yields are among the highest in WA, supported by Rio Tinto's local operations and associated workforce demand.

Location

Work & Lifestyle: Tom Price is a thriving Pilbara mining hub-"Top Town in WA" at 747m elevation-servicing Rio Tinto's Mount Tom Price mine.

Everyday convenience: Coles supermarket, hospital/medical centre, schools (primary/secondary), TAFE, cafés and sporting facilities (including an Olympic-size pool) are all in town.

Fly-in access: ~74-81 km to Paraburdoo Airport (about 1 hour by road).

Weekends: Gateway to Karijini National Park-iconic gorges, falls and hikes roughly 95-100 km from town (about 1¼-2 hours depending on destination).

Features (highlights)

Contemporary kitchen & bathrooms (2022 spec)

Split-system air-conditioning suited to Pilbara summers

Low-maintenance alfresco & yard (ideal for company lease)

Secure parking and off-street space (enquire)

Turn-key presentation for tenants

The rarity factor

Tom Price was established in the 1960s to service iron-ore mining; the majority of established homes date from the early 1970s company-town era. Newer builds are uncommon-this 2022 home stands out for depreciation benefits, amenity and tenant appeal.

Price & inspections

Price: Contact agent
Inspections: By appointment only

Contract & special conditions

Seller agrees to include a Lease Agreement as a Special Condition of Sale (e.g., "Settlement subject to buyer entering into a residential tenancy agreement at ~$2,200/week for a term acceptable to the parties"), assisting serviceability for finance.

Standard WA contract with annexures for special condition and any chattels list.

Disclaimers

All figures are approximate and subject to contract. Buyers should rely on their own enquiries regarding shire rates, outgoings, zoning, and rental assessments. Distances and travel times are sourced from reputable public guides and may vary with route and conditions.

Features