DA in progress for 10 Townhomes
1,416sqm of residential land
Within the new Scarborough Estate
14 Skye Street presents a fantastic opportunity being in the established and rapidly expanding Morisset Scarborough Estate, offering an ideal location for property developers and investors looking to capitalize on the area's growth potential. Morisset is strategically located just off the M1 Pacific Motorway, 55* kilometers south of Newcastle and 93* kilometers south of Sydney, making it a convenient and accessible location for commuters and residents alike.
The area is popular among families, first home buyers, and investors due to its proximity to major cities, new residential and commercial developments, and excellent public transport links. The property is conveniently located 1* kilometer from the Morisset Train Station, with services running regularly between Sydney and Newcastle, and just 3 minutes from the Woolworths and Morisset commercial and retail precinct.
- DA in progress for 10 Townhomes
- 1,416sqm of R3 Medium Density Residential Land
- Within the new Scarborough Estate
- Located 6 minutes* from the Pacific Highway, 55 minutes* from Newcastle and 1 hour 25 minutes* from Sydney
- Zoned R3 Medium Density Residential
Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants and purchasers are advised to carry out their own investigations and satisfy themselves with all aspects of such information including without limitation, any dimensions, areas, zoning, approvals and permits. Purchasers should make their own inquiries, seek their own advice, and rely only upon those inquiries and advice.
The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.
Morisset has 2,915 properties. Over the last 5 years, Houses in Morisset have seen a 64.87% increase in median value, while Units have seen a 26.13% increase. As at 31 October 2024:
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