SOLD
Sold on 26 Jul 2024 for $300,000

8 Hearn Place
Morgantown WA 6701

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 166m2
Land area: 1066m2
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Property Details for 8 Hearn Pl, Morgantown

8 Hearn Pl, Morgantown is a 6 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 1066m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Morgantown in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
166m2
Land Size
1066m2
Local Government
Carnarvon
Lot/Plan
164/P009257

Last Listing description (October 2024)

Located in Hearn Place in a cul-de-sac in Morgantown, this property comprises of 2 x 3-bedroom, one-bathroom units sitting on a huge 1,065m2 fully fenced block.Both units currently leased on periodical tenancies with combined returns of $510.00 per week.Zoned R30 - perfect for further development. Strata the units, retain one and move into it, sell the other. Or continue to reap the rewards of two rental incomes. Property features include:- 2 x 3-bedroom, one-bathroom units-Duplex dwelling timber framed veneer on steel stumps with fire wall separation- Two air conditioners in each unit- Jarrah floorboards throughout- Older style kitchens- Older style bathrooms with separate showers- New colourbond patio roof to rear of each unit- Electric hot water systems- Gas upright stoves- Masonry firewall between units- Huge spacious open yard- Colourbond fence to all perimeters- Unit A with better improvements than Unit B- Combined weekly rent return of $510.00 per week

Property History for 8 Hearn Pl, Morgantown, WA 6701

A timeline of how this property has performed in the market
Last Sold
$300,000
26 Jul 2024
  • 26 Jul 2024
    Sold for $300,000
  • 29 May 2024
    Listed for Sale $330,000
  • 23 Feb 2012
    Sold for $250,000
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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 391 properties. Over the last 5 years, Houses in Morgantown have seen a 72.95% increase in median value, while Units have seen a 25.76% increase. As at 31 October 2024:

  • The median value for Houses in Morgantown is $268,653 while the median value for Units is $190,973.
  • Houses have a median rent of $350 while Units have a median rent of $260.
There are currently 1 property listed for sale, and no properties listed for rent in Morgantown on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Morgantown.

Suburb Insights for Morgantown 6701

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Lauren Scott
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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.