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 11,494 properties. Over the last 5 years, Houses in Morley have seen a 76.95% increase in median value, while Units have seen a 87.52% increase. As at 31 August 2024:

  • The median value for Houses in Morley is $784,254 while the median value for Units is $567,803.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 47 properties listed for sale, and 7 properties listed for rent in Morley on OnTheHouse. According to CoreLogic's data, 441 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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