OFF MARKET

7 Yambo Street
Morisset NSW 2264

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 1012m2
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Property Details for 7 Yambo St, Morisset

7 Yambo St, Morisset is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
House
Floor Size
97m2
Land Size
1012m2
Local Government
Lake Macquarie
Lot/Plan
14/8/DP758707

Last Listing description (October 2011)

PRIME LOCATION, PRIME BLOCK AND COMMERCIAL ASSIST ZONING
EXCEPTIONAL GAINS TO BE MADE IN THE MEDIUM TO LONG TERM FROM THIS SOLID, TWO BEDROOM PLUS SUNROOM HOME OFFERING THE UNIQUE ZONING OF COMMERCIAL ASSIST. WE RECOMMEND YOU PURCHASE TODAY AND EITHER RENT OUT OR LIVE IN BUT DON?T DO TOO MUCH WORK AS THE ZONING CARTERS FOR THE EXISTENCE OF A MIXTURE OF COMMERCIAL SHOPS OR OFFICE SPACE AND RESIDENTIAL FLATS. WHEN THE TIMING IS RIGHT YOU COULD REMOVE THE OLDER HOME AND ESTABLISH A COMMERCIAL CONCERN IN CLOSE PROXIMITY TO THE SUCCESSFUL COLES COMPLEX OR SIT BACK AND AWAIT A KNOCK ON THE DOOR BY A LARGER DEVELOPER CHASING THIS LIMITED ZONING. THIS PROPERTY PURCHASE COULD BE THE BEST FINANCIAL DECISION YOU MAKE IN YOUR LIFE CONTACT US TODAY FOR FURTHER INFORMATION.

Property History for 7 Yambo St, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$365,000
22 Jul 2010
  • 22 Sep 2011
    Listed for Sale $379,000
  • 22 Jul 2010
    Sold for $365,000
  • 18 May 2010
    Listed for Sale $379,000

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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 2,915 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:

  • 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 30 properties listed for sale, and 18 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Morisset.

Suburb Insights for Morisset 2264

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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.