2C Morgan StreetAdamstown NSW 2289
Property Details for 2c Morgan St, Adamstown
2c Morgan St, Adamstown is a 10 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 514m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 10 bedroom House sold in Adamstown in the last 12 months.
Last Listing description (October 2024)
Seize the opportunity to own a truly special investment with this brick walk-up apartment complex right in the heart of Adamstown. This property boasts six tenanted apartments, including four 2-bedroom units and two 1-bedroom units, offering a steady stream of rental income. There's also fantastic potential to boost your returns with some strategic renovations or by strata titling and resale.
Nestled near the picturesque Myers Park and the vibrant Adamstown Bowling Club, this property provides the perfect mix of tranquility and convenience. Residents will love the easy access to local amenities, delightful cafes, and excellent public transport links, making it a sought-after spot for tenants. Don't miss out on this exceptional chance to invest in one of Adamstown's most desirable neighbourhoods.
Property History for 2c Morgan St, Adamstown, NSW 2289
- 07 Aug 2024Sold for $2,050,000
- 09 Jul 2024Listed for Sale $2,025,000
- 08 Feb 2023Listed for Sale Contact Agent
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About Adamstown 2289
The size of Adamstown is approximately 3 square kilometres. It has 8 parks covering nearly 31.2% of total area. The population of Adamstown in 2011 was 5,642 people. By 2016 the population was 6,053 showing a population growth of 7.3% in the area during that time. The predominant age group in Adamstown is 20-29 years. Households in Adamstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adamstown work in a professional occupation. In 2011, 58.7% of the homes in Adamstown were owner-occupied compared with 57.7% in 2016.
Adamstown has 3,444 properties. Over the last 5 years, Houses in Adamstown have seen a 63.94% increase in median value, while Units have seen a 39.23% increase. As at 30 September 2024:
- The median value for Houses in Adamstown is $1,063,611 while the median value for Units is $674,945.
- Houses have a median rent of $635 while Units have a median rent of $520.
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