Morisset at a glance
4,361
People
$886,500
Median sale
$587/wk
Median rent
3.44%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
NSW › Morisset › Coorumbung St
$600,000
Last sold
10 Sept 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
670 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$600,000
10 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Morisset (last 5 years) with land size have a median of $1,158/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Morisset at a glance
4,361
People
$886,500
Median sale
$587/wk
Median rent
3.44%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Morisset
-32.3%
Median sale
Suburb $886,500
+1.65 pp
Gross yield
Suburb 3.44%
Suburb median $886,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $587/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Morisset at a glance
4,361
People
$886,500
Median sale
$587/wk
Median rent
3.44%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency MorissetSet in a prime position, zoned R3 Medium Density Residential, within only 160m from Morisset Train Station and within 300m to the heart of Morisset Township - this property offers a fantastic opportunity to secure now, with the potential to develop and capitalise in future!
Street Frontage: Coorumbung Street
Side Boundary: Gambrill Lane
Home: 3 Bedrooms, 1 Bathroom, Detached Garage, Side Access
Nearby to:
- Morisset Train Station (160m)
- Morisset Township, Shopping Centres & Bus Interchange (all within 300m)
- Cedar Mill Entertainment Precinct (2km) & Morisset Industrial Business Park (3km)
- Dora Creek, Shopping Village, Train Station, Creek Reserve (5km)
- Cooranbong, Avondale Shopping Village, Watagan Mountains (9km)
- Morisset Peninsula, surrounded by beautiful Lake Macquarie and features ...
- Bay Shopping Centre, Coles, Bay Hotel Motel, Boatshed Restaurant & Cellarbrations Bottle Shop (5.5km)
- Bonnells Bay Boat Ramp, Pendlebury Park & Waterfront Reserve (4.6km)
- Trinity Point Marina and renowned restaurant 8 at Trinity (6.8km)
Local Area Information:
- Public Transport available from Morisset Township and surrounding suburbs (Morisset Bus interchange available at Morisset Railway Station).
- Local bus service runs hourly weekdays, two-hourly on weekends.
- Two minute drive from M1 Morisset interchange (3km), 90 minutes drive from Sydney and 45 minutes drive to Newcastle & Gosford CBDs.
- Gateway to the famous Lake Macquarie, Australia's Largest Saltwater Lake, and also the Hunter Valley .... with plenty of adventures to be had!
*Lake Macquarie is the largest coastal saltwater lake in the Southern Hemisphere. It covers approximately 120 square kilometres (over twice the size of Sydney Harbour), and the lakes shoreline is 174km long (the foreshore consists of 174km of bays, beaches and headlands). The lake is 22km running north-south, gauging from Speers Point to Chain Valley Bay. At its widest, spanning the stretch of water from Dora Creek to Swansea, it’s 8km across. Lake Macquarie has a maximum depth of about 16m, and a mean depth of 5.3m.
Please contact Natalie Lett on 0424 639 821 for more information.
Related Articles on Morisset:-
https://www.planning.nsw.gov.au/policy-and-legislation/housing/transport-oriented-development-program/transport-oriented-development
https://newcastleweekly.com.au/numbers-expected-to-pour-into-morisset
https://www.realestate.com.au/news/the-quaint-lakeside-town-north-of-sydney-set-to-boom-with-boomers/?campaignType=external&campaignChannel=paid_social&campaignSource=facebook&campaignName=content&campaignContent=developer_sponsored&campaignKeyword=ingenia
DISCLAIMER- Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Natalie Lett, One Agency Morisset — reproduced as published, not verified by Districts.