SOLD
Sold on 22 Aug 2024 for $375,000

1/312 Walter Road W
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
Land area: 67m2
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Property Details for 1/312 Walter Rd W, Morley

Building Type
Commercial
Year Built
1995
Floor Size
67m2
Land Size
67m2
Local Government
Bayswater
Lot/Plan
1/S029889

Last Listing description (February 2023)

Raine & Horne Commercial are pleased to present Unit 1, 312 Walter Road West - now available for Lease.- Prime Medical tenancy- Ideal allied health opportunity in busy Morley Medical Centre- Opposite Galleria Shopping Centre- 67 sqm- Ready for tenant fitout- Great natural light with full height wrap around windows- Great exposure and signage potentialPreviously occupied by Audika, this is a prime opportunity for an astute audiologist to pick up a high-performing tenancy with huge potentialA multitude of medical uses available in arguably the busiest medical centre in Morley.Rental: $40,000 p.a. plus outgoings plus GSTOutgoings: $17,890 p.a. plus GST*Unit 1 defit now complete. Presented as a blank canvas ready for prospective tenant fit out. Fit out incentives available.For more information, contact the Exclusive Leasing Agents.

Property History for 1/312 Walter Rd W, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$375,000
22 Aug 2024
Listed for Rent
$767/w
14 Feb 2023
  • 22 Aug 2024
    Sold for $375,000
  • 11 Apr 2022
    Listed for Rent $40,000 / year

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About Morley 6062

The size of Morley is approximately 10.4 square kilometres. It has 46 parks covering nearly 8.8% of total area. The population of Morley in 2011 was 20,301 people. By 2016 the population was 21,519 showing a population growth of 6.0% in the area during that time. The predominant age group in Morley is 20-29 years. Households in Morley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morley work in a trades occupation. In 2011, 70.7% of the homes in Morley were owner-occupied compared with 68.8% in 2016.

Morley has 11,484 properties. Over the last 5 years, Houses in Morley have seen a 81.51% increase in median value, while Units have seen a 86.84% increase. As at 30 September 2024:

  • The median value for Houses in Morley is $798,725 while the median value for Units is $570,408.
  • Houses have a median rent of $650 while Units have a median rent of $635.
There are currently 54 properties listed for sale, and 11 properties listed for rent in Morley on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Morley.

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