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Sold on 31 Jul 2024 - Price Unavailable

141 Swan Street
Morpeth NSW 2321

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 443m2
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Property Details for 141 Swan St, Morpeth

Building Type
Commercial
Floor Size
443m2
Local Government
Maitland
Lot/Plan
1/DP575908

Last Listing description (July 2024)

An outstanding multi-tenancy investment opportunity poised to capitalise on Morpeth's burgeoning boutique tourism profile.

• Underpinned by a long term lease to Morpeth Pharmacy, plus a 71m²* retail space + ATM

• Zone E1: Local Centre

• Rear access with parking

• High profile location in bustling Swan Street

For Sale: $1,350,000

*Approximately

Property History for 141 Swan St, Morpeth, NSW 2321

A timeline of how this property has performed in the market
Last Sold
31 Jul 2024
  • 31 Jul 2024
    Sold for $1,175,000
  • 12 Dec 2023
    Listed for Sale For Sale: $1,400,000
  • 05 Jul 2018
    Sold for $1,050,000
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About Morpeth 2321

The size of Morpeth is approximately 4.8 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Morpeth in 2011 was 1,261 people. By 2016 the population was 1,403 showing a population growth of 11.3% in the area during that time. The predominant age group in Morpeth is 60-69 years. Households in Morpeth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morpeth work in a professional occupation. In 2011, 74.8% of the homes in Morpeth were owner-occupied compared with 67.4% in 2016.

Morpeth has 881 properties. Over the last 5 years, Houses in Morpeth have seen a 51.10% increase in median value, while Units have seen a 46.17% increase. As at 31 October 2024:

  • The median value for Houses in Morpeth is $700,582 while the median value for Units is $503,600.
  • Houses have a median rent of $570.
There are currently 3 properties listed for sale, and 1 property listed for rent in Morpeth on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Morpeth.

Suburb Insights for Morpeth 2321

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Contact agent
Lee Follington
Show contact details
Ray White Commercial 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.