SOLD
RECENT ADVICE
Sold on 12 Jan 2024 for $720,000

22 Newcastle Street
Morisset NSW 2264

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 765m2
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Property Details for 22 Newcastle St, Morisset

22 Newcastle St, Morisset is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 765m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Morisset in the last 12 months.

Building Type
House
Land Size
765m2
Local Government
Lake Macquarie
Lot/Plan
5/DP22034

Last Listing description (January 2024)

Attention investors: this home, set on the high side of the street on a large 765 sqm R3-zoned lot is ripe with potential for development including townhouses, a granny flat, etc. (SCTA). The location is ideal - just walking distance to shops, dining, schools, transport and the exciting world-class Cedar Mill entertainment precinct now under development. The property has a bonus detached workshop/shed, a detached garage and the main home includes two reverse cycle air conditioners and ceiling fans.

Set against the backdrop of the rugged Watagan Mountains, a short drive from Lake Macquarie, and walking distance to schools, dining, shops, and transport, this home offers the best of the high-growth Morisset peninsula area.

- R3 zoned with potential for townhouses, granny flat, etc. (SCTA)

- Two reverse cycle air conditioners and ceiling fans in the main dwelling
- Located on the high side of the street; detached workshop/shed and detached garage
- Close to Lake Macquarie, Trinity Point, Awaba Mountain Bike Park, and the new Cedar Mill Lake Macquarie entertainment precinct under development.
- Excellent dining nearby: Bistro Eden and 8@Trinity; walking distance to shops, parks, transport and dining.
- Walking distance to Morisset Primary School, Morisset High School and St John Vianney Primary. Close to Heritage College, Avondale School and Avondale University
- 60-70 minutes to Sydney, 50 minutes to Newcastle CBD, and 30-40 minutes to the Hunter Valley

Property History for 22 Newcastle St, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$720,000
12 Jan 2024
Listed for Rent
$550/w
23 Apr 2024
  • 26 Mar 2024
    Listed for Rent $550 / week
  • 12 Jan 2024
    Sold for $720,000
  • 03 Jan 2024
    Listed for Sale $720,000
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About Morisset 2264

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 2,912 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:

  • The median value for Houses in Morisset is $835,898 while the median value for Units is $574,695.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 29 properties listed for sale, and 10 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Morisset.

Suburb Insights for Morisset 2264

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Contact agent
Fleur Hagen
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Harcourts Newcastle
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.