SOLD
Sold on 14 Oct 2024 for $895,000

153 Swan Street
Morpeth NSW 2321

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 153 Swan St, Morpeth

153 Swan St, Morpeth is a 3 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Morpeth in the last 12 months.

Building Type
House
Local Government
Maitland
Lot/Plan
3/DP164485

Last Listing description (October 2024)

Georgian Terrace Commercial and Residential building

Located in one of the most renowned historic towns in Australia, this striking Georgian Terrace has a valuable B4 mixed use zoning, a long-term commercial tenant downstairs, and a superbly restored three-bedroom, 2 bathroom home upstairs. The property oozes character, and period features and includes the original hardwood timber staircase.

Along with the position in the heart of the Morpeth township, the location, 5 minutes to the new Maitland hospital, Greenhillss shopping centre, Maitland private hospital, and 30 minutes to the rapidly growing Newcastle CBD, and 2 hours from Sydney CBD is simply superb.

The property has rear lane access with two car spaces and parking out the front. In the backyard there is an unused building which could easily be converted for BnB (STCA) or extra residence. The commercial tenant downstairs that presently holds a 1-year lease at circa $2,000/month, and the residence upstairs is also on a 12 months lease of $495pw.

The property provides numerous residential, business and investment opportunities, with potential for further development if desired.

To arrange your private inspection please contact James Hannah of PRD Hunter Valley on 0400 301 349.

Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, PRDnationwide Hunter Valley does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. PRDnationwide Hunter Valley accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.

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Property History for 153 Swan St, Morpeth, NSW 2321

A timeline of how this property has performed in the market
Last Sold
$895,000
14 Oct 2024
  • 14 Oct 2024
    Sold for $895,000
  • 11 Apr 2024
    Listed for Sale Guide - $865,000 - $895,000
  • 10 Jul 2023
    Listed for Sale Not Disclosed
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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 894 properties. Over the last 5 years, Houses in Morpeth have seen a 53.37% increase in median value, while Units have seen a 45.37% increase. As at 30 November 2024:

  • The median value for Houses in Morpeth is $699,324 while the median value for Units is $504,383.
  • Houses have a median rent of $580.
There are currently 2 properties listed for sale, and no properties listed for rent in Morpeth on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Morpeth.

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