Morpeth at a glance
1,848
People
$910,000
Median sale
$546/wk
Median rent
3.12%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
4
Bathrooms
3
Car spaces
733.5 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Morpeth (last 5 years) with land size have a median of $1,418/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Morpeth at a glance
1,848
People
$910,000
Median sale
$546/wk
Median rent
3.12%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
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 $546/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
UnknownArea
Morpeth at a glance
1,848
People
$910,000
Median sale
$546/wk
Median rent
3.12%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Clarke & Co Estate AgentsProperty Highlights:
- Breathtaking residence spanning two levels.
- Lovely kitchen with ample storage, 40mm benchtops, a white subway tiled splashback, a freestanding Simpson oven with a 4 burner gas cooktop, and a dual sink looking out to the beautiful garden.
- Formal lounge/dining + a spacious open plan living/dining area.
- Soaring raked New Zealand Elm timber ceilings, ornate cornices, beautiful bay windows, gleaming polished Brushbox timber floorboards and premium carpet throughout.
- Split system air conditioning, ceiling fans + unique antique chandeliers throughout.
- Four bedrooms, two located upstairs with soaring ceilings, bay windows, air conditioning and luxurious ensuites.
- A secondary, air conditioned entertaining area in the yard complete with a kitchenette, bathroom + a lovely deck overlooking the beautiful garden.
- Immaculately presented established gardens throughout the property with a 1000L water storage tank to keep the grounds thriving.
- Single car garage with additional storage + a 2 car carport.
- Approx 1993 build.
Outgoings:
Council rates: $2,696 approx. per annum
Water rates: $767.52 approx. per annum
Rental return: $800 approx. per week
Every now and then, a property arrives on the market that quite simply takes your breath away, as is the case with 117 Close Street, Morpeth, The property known as "Wellenben" and was utilised as a B&B for many years. Built in 1993, this is an exquisite home that presents space, style and charm in equal measure.
Set in the historic township of Morpeth, with a range of cafes, boutique shopping and galleries within an easy stroll, this ideally located home will have you feeling like you're a million miles away from it all, whilst still being within easy reach of city conveniences.
With four bedrooms, four bathrooms and a range of living spaces on offer, this charming residence presents a multitude of options for those looking to accommodate extended family, or wanting to continue operating a B&B.
The home itself is a sight to behold, built of an appealing Cape Cod style, with bay windows on the upper level adding to the appealing facade. Arriving at the home, you'll be greeted with immaculately presented gardens and a lovely grassed lawn, framed by a traditional picket fence.
Making your way to the entrance, you'll step onto the spacious front verandah, with decorative lace trim work, providing the perfect spot to sit back and take in the beautiful gardens that wrap around the property.
Stepping inside you'll enter the spacious foyer, revealing the glistening Brushbox timber floorboards, fresh paint palette, and the impressive timber staircase that leads to the upper level of the home.
The ground floor incorporates the living areas of the home, with a spacious formal lounge and dining room set at the entrance, complete with plush carpet, and ornate cornices, providing an additional sense of luxury within this inviting space.
Designed as the heart of this extraordinary home is the open plan living, dining and kitchen area, with soaring ceilings and exposed rafters, adding to the sense of space and style. There are gleaming polished Brushbox timber floorboards throughout, elegant antique chandeliers, and the combination of a ceiling fan, split system air conditioning and a gas bayonet, ensuring you'll relax in comfort during all seasons.
The charming kitchen seamlessly blends with the open plan design, offering ample storage in the surrounding two-toned cabinetry, plenty of space for food preparation on the 40mm benchtops, a white subway tiled splashback, a freestanding Simpson oven with a 4 burner gas cooktop, and a dual sink looking out to the yard.
There are two carpeted bedrooms located on this floor, both enjoying the convenience of built-in robes, with one including a ceiling fan, providing additional comfort during the warmer months. The main family bathroom is located close by, boasting classic subway tiling, a handy bath/shower combination and a freestanding timber vanity.
Heading upstairs, you'll be immediately taken by the soaring raked New Zealand Elm timber ceilings, with a striking antique chandelier taking centre stage. There are two, breathtaking bedrooms located on this floor, the 'Silver' and 'Gold' rooms, both featuring beautiful soaring raked ceilings, bay windows with tree-top views, luxurious ensuites, and split system air conditioning, the 'Silver' room benefiting from a large walk-in robe plus an additional walk-in linen/storage closet.
Back downstairs, glass sliding doors in the open plan living/dining area open out to the spacious backyard and beautiful garden, where you will find a generously sized covered alfresco area, complete with a ceiling fan and outdoor power access, providing the perfect setting for all your outdoor cooking, dining and entertaining needs.
With immaculate established gardens, ferns and palm trees throughout the yard, you'll feel like you're a million miles away from the hustle and bustle, with a backyard oasis to call your own.
At the rear of the property is a large garage that has been converted into a separate entertaining area that includes split system air conditioning, a kitchenette, bathroom and living area, with a lovely timber deck overlooking the beautiful gardens and grassed yard.
There is a single car lock up garage on offer, a two-car carport accessible from the side street, and a handy tool shed and 1000L water storage tank, tucked to the side of the separate garage.
A property of this nature, offering a spacious layout and a variety of options for the lucky new owner, set within the highly sought township of Morpeth is certain to draw a large volume of interest. We encourage our clients to contact the team at Clarke & Co Estate Agents today to secure their inspections..
Why you'll love where you live;
- Mere metres to the cafes, boutique shopping and galleries of Swan Street.
- Located just 10 minutes from the newly refurbished destination shopping precinct, Green Hills shopping centre, offering an impressive range of retail, dining and entertainment options right at your doorstep.
- 8 minute drive to East Maitland train station.
- Minutes from Maitland Private Hospital, the NEW Maitland Hospital, gyms, pubs, restaurants, cinemas & so much more!
- 15 minutes to Maitland's heritage CBD and flourishing riverside Levee precinct.
- 40 minutes to the city lights and sights of Newcastle.
- 35 minutes to the gourmet delights of the Hunter Valley Vineyards.
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Nick Clarke, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.
NSW 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.