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 › Moffitt Pl
$753,000
Last sold
20 Apr 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
301 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$753,000
20 Apr 2026 · derived via latest_sale
Local land rate: recorded Townhouse sales in Morisset (last 5 years) with land size have a median of $2,217/m² of land (n=3). 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
-15.1%
Median sale
Suburb $886,500
+0.61 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 scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
Jurisdiction
Lake Macquarie
Lake Macquarie, NSW
Not detected
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 302 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 302 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 302 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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 Raine & Horne Kurri KurriLocated in the heart of investment hot-spot Morisset, this quality-built contemporary townhouse represents an amazing opportunity to rent out or move in and take advantage of the fabulous lifestyle on offer.
Set across two light-filled levels with spacious interiors, this beautifully presented property features a tranquil bush backdrop and is nestled amid lush established gardens with a superb sense of peace and privacy.
Neutral modern interiors feature throughout with a choice of a front lounge and rear dining/family area joined by a well-equipped contemporary kitchen. Gas cooking, stainless steel dishwasher plus split system air conditioning ensure comfort and ease of living. All three of the home's bedrooms are nestled upstairs with the king-sized master bedroom featuring its own private balcony patio, walk-in robe and a modern ensuite.
Positioned in sought-after Morisset within walking distance of two major shopping centres, trendy cafes/restaurants, local train station, medical centre & schools, this is a perfect place to call home for families, professionals or couples.
• Quality 3 bedroom townhouse in peaceful complex
• Rare 'stand-alone' design unattached from neighbouring properties
• Completely flat block and driveway for easy access
• Spacious front lounge upon entry
• Great modern kitchen with breakfast bar & stainless steel gas cooktop, range hood & dishwasher
• Casual or formal dining area off kitchen, or alternatively utilise as an additional lounge/family room
• King-sized master bedroom with private balcony, ensuite & walk-in wardrobe
• Two additional well appointed bedrooms with built-in wardrobes
• Split system air conditioning to master bedroom & front lounge
• Covered alfresco area for entertaining family & friends or just enjoy relaxing
• Main bathroom upstairs with shower over bath
• Internal laundry with extra 3rd w/c on ground level
• Single lock-up auto garage
• Low maintenance rear yard
• LED downlights throughout
• Foxtel dish & connections
• Gas heating connection in lounge
• Rainwater tank
• 3 minutes to Morisset train station, M1 Motorway, Woolworths & Coles Supermarkets & Bunnings Warehouse
• Rental return: approx. $620-$650 per week
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Isaac Hanlon, Raine & Horne Kurri Kurri — reproduced as published, not verified by Districts.