2/129 Swan StreetMorpeth NSW 2321
Property Details for 2/129 Swan St, Morpeth
Last Listing description (September 2022)
Don't miss this opportunity to secure your own piece of the iconic Morpeth retail precinct!
This property is positioned across from the Hunter River and is nestled in-between cafes and retail shops. Well suited to both owner occupiers entering the commercial market and investors looking to expand their commercial portfolio. . .
Rich with history, Morpeth offers boutique shopping and dining and is just a stones throw from Maitland CBD and Green Hills shopping complex.
Zoning B2 - Local Centre
Vacant possession
65m2 approx.
Main retail space and storeroom
Estimated rental return $25,000 pa (net figure)
Contact our team to find out more today.
Property History for 2/129 Swan St, Morpeth, NSW 2321
- 11 Oct 2021Sold for $283,000
- 19 Aug 2019Listed for Sale $320,000
- 19 Aug 2019Listed for Rent $262,500 / year
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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 879 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.
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