FOR SALE
High $600'000's

56 Wolseley Road
Morley WA 6062

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 409m2
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INVESTORS WANTED!

Are you searching for a property with incredible investment potential? Look no further! This classic gem, built in 1968, offers a fantastic opportunity for savvy investors. This 5-bedroom, 1-bathroom, 2 toilet STRATA home is currently generating a solid rental income of $900 per week until mid-February next year-showcasing its strong investment potential and enduring appeal. Please be aware we are selling "As Is There Is" Condition.
Key Features:
Property: Wooden floor in common areas and carpet in bedrooms.
Generous Space: 5 bedrooms, providing ample room for families or groups.
Current Rental Income: A steady $900 per week, demonstrating excellent yield and investment viability.
Prime Location: Situated close to schools, major shopping centers, essential amenities, and just a short drive to the CBD, ensuring convenient access to everything tenants need.
Low Maintenance: A front yard that requires minimal lawn upkeep-perfect for hassle-free property management.
This property is not only a sound investment but also a convenient option for tenants seeking proximity to educational institutions, shopping, and city life.
Don't miss out on this golden opportunity to expand your real estate portfolio with a property that promises both stability and growth.
Contact us today to schedule a viewing and explore how this investment can enhance your portfolio!
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Property Details for 56 Wolseley Rd, Morley

56 Wolseley Rd, Morley is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 409m2 and floor size of 112m2. The place is currently for sale with Ray White Whiteman & Associates - Mirrabooka Location.

Building Type
House
Floor Size
112m2
Land Size
409m2

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About Morley 6062

The size of Morley is approximately 10.4 square kilometres. It has 46 parks covering nearly 8.8% of total area. The population of Morley in 2011 was 20,301 people. By 2016 the population was 21,519 showing a population growth of 6.0% in the area during that time. The predominant age group in Morley is 20-29 years. Households in Morley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morley work in a trades occupation. In 2011, 70.7% of the homes in Morley were owner-occupied compared with 68.8% in 2016.

Morley has 11,490 properties. Over the last 5 years, Houses in Morley have seen a 88.64% increase in median value, while Units have seen a 93.21% increase. As at 31 October 2024:

  • The median value for Houses in Morley is $825,646 while the median value for Units is $582,056.
  • Houses have a median rent of $680 while Units have a median rent of $645.
There are currently 50 properties listed for sale, and 15 properties listed for rent in Morley on OnTheHouse. According to CoreLogic's data, 444 properties were sold in the past 12 months in Morley.

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Steve Mcmahon
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Ray White Whiteman & Associates - Mirrabooka Location
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