4/12 George StreetMorgantown WA 6701
Property Details for 4/12 George St, Morgantown
4/12 George St, Morgantown is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 254m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2010.
Last Listing description (September 2018)
$50,000 Reduction! Less than $250,000 per unit, unbeatable value, outstanding return!
Two storey building, comprising of two separate 2 bedroom, 1 bathroom units located in a secure complex of 6. Solid brick, hardiflex and colour bond construction, the residences are well laid out each with a spacious air-conditioned living area, well-equipped kitchen, toilet, laundry and secure lock-up garage on the bottom level. The top levels of both units include two bedrooms, both with built-in robes & air-conditioning, bathroom, second toilet and balcony.
Both units are tiled throughout with separate solar hot water systems. Separate courtyards divided by tall fencing for both units with a neat entertaining area and easy care gardens.
The two units are currently leased to corporate clients for a combined $740 per week! This represents a great return.
Property History for 4/12 George St, Morgantown, WA 6701
- 14 Jul 2018Listed for Sale $475,000
- 25 Apr 2018Listed for Sale $499,000
- 15 Sep 2017Listed for Sale $499,000
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About Morgantown 6701
The size of Morgantown is approximately 1.4 square kilometres. It has 4 parks covering nearly 4.8% of total area. The population of Morgantown in 2011 was 780 people. By 2016 the population was 772 showing a population decline of 1.0% in the area during that time. The predominant age group in Morgantown is 20-29 years. Households in Morgantown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morgantown work in a labourer occupation. In 2011, 46.1% of the homes in Morgantown were owner-occupied compared with 43% in 2016.
Morgantown has 392 properties. Over the last 5 years, Houses in Morgantown have seen a 67.73% increase in median value, while Units have seen a 9.86% increase. As at 30 November 2024:
- The median value for Houses in Morgantown is $262,726 while the median value for Units is $177,035.
- Houses have a median rent of $350 while Units have a median rent of $260.
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