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.
$560,000
Last sold
6 June 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
367 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
$560,000
6 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Morpeth (last 5 years) with land size have a median of $1,353/m² of land (n=41). 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.
Vs Morpeth
-38.5%
Median sale
Suburb $910,000
+1.95 pp
Gross yield
Suburb 3.12%
Suburb median $910,000 from 11 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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Valley Estate AgentsExpressions of Interest - Close 17th April @ 5pm
If you've been searching for an entrance to the highly sought-after destination of Morpeth, then 43 Swan Street is the one for you.
This classic weatherboard 3 bedroom, 1 bathroom cottage is ready for its lucky new owners to renovate and remodel.
Set on approximately 367m2 block, in a premium position being walking distance to cafes, pubs and restaurants and the old charm that Morpeth has to offer, this home has an abundance of potential.
The exterior of the residence is weatherboard, has a cosy front verandah to sit and relax with your cup of tea or glass of wine after a long day and an easy-care lawn/garden to enjoy.
Stepping inside reveals the many original features this home has to offer, such as high ceilings creating a feeling of spaciousness, timber floors and walls, an open fireplace to the master suite, along with a large lounge room at the front of the home, and open plan kitchen and dining.
The rear yard is fully fenced and secure, offering a garden shed on concrete slab, making this home perfect for the investors and astute first home buyers searching for great value in a central location.
It's an excellent opportunity to enter the Morpeth market, opportunities like this rarely present themselves, and this is an outstanding chance to acquire and put your own stamp on a truly unique piece of real estate.
For any offers or expressions of interest please submit this in writing to Sophie Abela at sophie@valleyestateagents.com.au by 5pm Monday 17th April 2023.
Outgoings:
Land Rates - $2,128.00 p/a approx
Water Rates - $773.82 p/a approx
NOTE:
Please visit our website at www.valleyestateagents.com.au for further information and links to the contract etc
OPEN HOME INFORMATION
All attendees will be required to register your details for the open home before entering the property.
Disclaimer: The information contained herein has been given from sources, we believe to be reliable. Valley Estate Agents Pty Ltd does not warrant or guarantee its accuracy of the information and we recommend that all potential purchasers should make their own investigations before purchasing.
Listing description written by Sophie Abela, Valley 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.