25/515 Walter Road EMorley WA 6062
Property Details for 25/515 Walter Rd E, Morley
Last Listing description (May 2024)
This secure and tidy warehouse unit is currently leased until 31 December 2024 by a long term tenant who has been in occupation for approximately 10 years.The complex is close to all major transport routes and the CBD making it an ideal investment opportunity. It also enjoys excellent security with automatic gates to access the units and general parking area which are open between the hours of 5 am and 9 pm.The unit has two large roller doors to the main frontage.Parking and access around the complex is excellent.
Property History for 25/515 Walter Rd E, Morley, WA 6062
- 26 Apr 2024Sold for $750,000
- 02 Mar 2024Listed for Sale $730,000
- 12 Jun 2015Listed for Sale $730,000
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0About 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 11,487 properties. Over the last 5 years, Houses in Morley have seen a 88.64% increase in median value, while Units have seen a 93.21% increase. As at 31 October 2024:
- The median value for Houses in Morley is $825,646 while the median value for Units is $582,056.
- Houses have a median rent of $680 while Units have a median rent of $645.
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