OFF MARKET

Morbinning Road
Morbinning WA 6304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 643573m2
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Property Details for Lot 7151 Morbinning Rd, Morbinning

Building Type
Rural
Land Size
643573m2
Local Government
Beverley
Lot/Plan
7151/P120879

Last Listing description (June 2019)

Just 15kms east of Beverley and 115kms east of Perth sits this 64.35* hectare rural property with 4000* established Sandalwood trees, a steady supply of sandalwood seeds, abundance of jam trees ready to fund sandalwood seeding, a 3 bedroom Hardi and Steel framed home elevated above the block with great views across the Wheatbelt. There are also 2 dams, a large storage shed and guest accommodation set away from the main house.
4000* trees expertly documented and with GPS coordinates allows any avid investors to have peace of mind knowing exactly where every tree is without having to count them yourself. With plenty of land spare there's potential to increase the yield to over 10,000 Sandalwood trees which would increase potential 2.5 times!
Income forecast figures available to serious buyers.

For more information please contact:
Russ Parham
M : 0499 552 255
E : russ.parham@raywhite.com
Lachlan Burrows
M : 0499 552 296
E : lachlan.burrows@raywhite.com
*approximately

Property History for Lot 7151 Morbinning Rd, Morbinning, WA 6304

A timeline of how this property has performed in the market
Last Sold
$580,000
16 Apr 2019
  • 16 Apr 2019
    Sold for $580,000
  • 01 Mar 2019
    Listed for Sale $580,000
  • 09 Aug 2000
    Sold for $72,500

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About Morbinning 6304

The size of Morbinning is approximately 149.2 square kilometres. The population of Morbinning in 2011 was 158 people. By 2016 the population was 6 showing a population decline of 96.2% in the area during that time. The predominant age group in Morbinning is 20-29 years. Households in Morbinning are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Morbinning work in a managers occupation. In 2011, 86.8% of the homes in Morbinning were owner-occupied compared with 76.9% in 2016..

Morbinning has 119 properties. As at 30 November 2024:

  • The median value for Houses in Morbinning is $784,143.
There are currently no properties listed for sale, and no properties listed for rent in Morbinning on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Morbinning.

Suburb Insights for Morbinning 6304

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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.