8 Hearn PlaceMorgantown WA 6701
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.
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
- 26 Jul 2024Sold for $300,000
- 29 May 2024Listed for Sale $330,000
- 23 Feb 2012Sold for $250,000
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0About 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.
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