5 Morpeth RoadWaratah West NSW 2298
Property Details for 5 Morpeth Rd, Waratah West
5 Morpeth Rd, Waratah West is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 590m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2021)
With great street appeal, this home is bursting with promise and opportunity and presents a great chance to add some excellent value when the time is right or leave as is for investment purposes. Its two-bedroom layout features separate living and dining areas connected by a sunlit kitchen, all perfectly presented while holding outstanding potential and endless possibilities for buyers to make their mark in the fast-emerging Waratah West market. Located just around the corner from Morpeth Road Reserve Playground and a little over 1km from Lambton's heart, this property is bound to spark your imagination.
* Occupying a lovely 590 sqm block with grassed yard and tree-lined border
* Single-level layout featuring separate living and dining spaces
* Two double bedrooms, good bathroom with shower over bath
* Covered alfresco area merges with a private grassed backyard
* Two split-system air-cons, driveway access to a single garage
* Easy access to schools, shops, restaurants and transport
Council Rates: $1922 PA approx
Water Rates: $795 + Usage PA approx
Rental Potential: $420 -$450 per week
** Health & Safety Measures are in Place for Open Homes & All Private Inspections - All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property **
Property History for 5 Morpeth Rd, Waratah West, NSW 2298
- 12 Jul 2021Sold for $689,000
- 01 Jul 2021Listed for Sale Guide $625,000
- 29 Jun 1993Sold for $76,000
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About Waratah West 2298
The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.
Waratah West has 1,318 properties. Over the last 5 years, Houses in Waratah West have seen a 71.26% increase in median value, while Units have seen a 43.29% increase. As at 31 October 2024:
- The median value for Houses in Waratah West is $843,824 while the median value for Units is $597,434.
- Houses have a median rent of $593 while Units have a median rent of $545.
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