SOLD
Sold on 07 May 2024 for $606,000

285 Morley Drive E
Lockridge WA 6054

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 103m2
Land area: 728m2
Save

Property Details for 285 Morley Dr E, Lockridge

285 Morley Dr E, Lockridge is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 728m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Lockridge in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
103m2
Land Size
728m2
Local Government
Swan
Lot/Plan
258/P009727

Last Listing description (July 2024)

Don't miss out on this incredible opportunity to gain a massive piece of land and quality home that is nearby shops, schools and parks, set on a huge 728 square meter block that is filled to the brim with great features such as split system air conditioning, roller shutters, built in robes, and a storage shed to the rear. Currently vacant, this property is ready to be immediately moved in to, or make the most of the estimated rental yield of 5% by renting it out! From it's large land size to attractive interior there is a lot to love about this property - so make sure that you don't miss out!Property Highlights:- Three-bedroom, one-bathroom property- Approx. 728 square meters land size- Approx. 84 square meters interior size- Zoned R20/50- Split system air con to living area- Roller shutters around home- Security cameras- Kitchen with built in cabinetry, built in oven with gas hotplates, wide stainless steel sink- Built-in robes, automatic roller shutters and split system air conditioner to main bedroom- Wrap around undercover patio to rear- Large backyard with storage shed, lawn area, and gates to carport- Bore system for front gardenInvestor Summary:- This property is currently vacant, and ready for immediate move-in or leasing out- Market rent for 285 Morley Drive East is approximatively $550 per week- Based on a purchase price of $570,000 and market rent, the estimated rental yield for this property is 5%- HouseSmart Real Estate is highly active in Lockridge and the surrounding areas - with an office in nearby Beechboro! - and can provide high-quality property management services from settlement and beyond.To the exterior of the home you will find a large front yard with front brick fencing and a driveway with space for multiple cars to park as well as carport space. Going inside however you will see the beauty and potential of this home, which holds large living spaces, an updated kitchen area ready for you to utilise, and three sizeable bedrooms.The front living area, which provides a welcome area as you enter the home, features wood-look floorboards, and decorative wooden & glass doors that add to the decor of the room. A nice living room set would complete the room and make this the perfect place to come home to after work and relax in the embrace of your new home!The nearby kitchen can be accessed from this living area, although acts as a separate space through the use of the floor tiling. This kitchen has been updated since the property's original build, now featuring modern cabinetry with rounded handles, as well as an original wooden overhead cupboard, a wide stainless steel sink, overhead rangehood, and a built in oven with gas hotplates.The three bedrooms in the home are quite a good size, all with large windows that all in a lot of natural light. The main bedroom, which is the biggest of the three, features it's own split system air conditioner, as well full-length built in robes with four doors. The bathroom nearby to the bedrooms has a modern vanity, and a shower with moveable showerhead.To the rear of the home, step out the back door and find the outdoor undercover patio, which stretches from one side of the house to the other, and down the side of the house. Perfect for entertaining needs, there is a barbeque area here that you could bring up to good working condition again, providing the ultimate space for Aussie cookouts, outdoor dinner with friends, family birthdays and summers playing cricket in the backyard. For the simpler days, put a table and chairs out here and you can relax under the cover of the patio and watch the kids or pets play in the yard.Nearby the home you have Korbosky Park and Mary Crescent Reserve, both of which are great areas to walk to and around, with bush areas, walking paths, lakes and playgrounds. You also have the larger Rosher Oval only around 15 minutes from the home, and Lockridge Primary School right next door to this oval. Other schools within walking distance to the home include Eden Hill Primary School (1.6km) and Good Shepherd Catholic School (1.1km). As for shops, IGA Kiara is only approx. 20 minutes walk from the home, and the larger Altone Park Shopping Centre only a few short minutes drive. The Bassendean shops and train station are also only around 5 minutes drive.Dreaming of your own home, first home, or an investment for someone else to call home? This property has it all. Three bedrooms to give room for the whole family, a great living space to relax in, and an outdoor area to make the most of. However you want to utilise the property, these 728 square meters are ready for you to call home!

Property History for 285 Morley Dr E, Lockridge, WA 6054

A timeline of how this property has performed in the market
Last Sold
$606,000
07 May 2024
Listed for Rent
$285/w
19 Sep 2019
  • 07 May 2024
    Sold for $606,000
  • 29 Apr 2024
    Listed for Sale From $569,000
  • 25 Jul 2019
    Listed for Rent $285 / week
Sign in to see more transactions

Commute Calculator

About Lockridge 6054

The size of Lockridge is approximately 1.4 square kilometres. It has 10 parks covering nearly 11.9% of total area. The population of Lockridge in 2011 was 3,566 people. By 2016 the population was 3,457 showing a population decline of 3.1% in the area during that time. The predominant age group in Lockridge is 40-49 years. Households in Lockridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lockridge work in a labourer occupation. In 2011, 67.3% of the homes in Lockridge were owner-occupied compared with 65.7% in 2016.

Lockridge has 1,498 properties. Over the last 5 years, Houses in Lockridge have seen a 120.31% increase in median value, while Units have seen a 112.36% increase. As at 31 October 2024:

  • The median value for Houses in Lockridge is $663,273 while the median value for Units is $457,324.
  • Houses have a median rent of $575 while Units have a median rent of $595.
There are currently 7 properties listed for sale, and 1 property listed for rent in Lockridge on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Lockridge.

Suburb Insights for Lockridge 6054

Market Insights
Lockridge Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lockridge Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Adam Bettison
Show contact details
HouseSmart Real Estate Pty Ltd
Preferred contact:
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.