The surrounding area is defined by established, modern residential housing presenting overall as neat and well-maintained family friendly neighbourhood. This is an enviable address where vacant lots are in short supply.
The corner is ready for building on, complete with an approved set of plans for a contemporary 4 bedroom family home.
The proposed home is spacious, with high raked ceilings over the family/living area exaggerating the feeling of openness. Two skylights illuminate the space with natural daylight, energizing the whole area. Bi-parting sliding doors connect to a generous alfresco area with built-in BBQ, ideal for entertaining whilst a versatile activity room provides an expansive area for the kids to play.
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:
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