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.
$2,315,000
For sale
$2,315,000
Last sold
24 Nov 2023
1
Bedrooms
1
Bathrooms
0
Car spaces
3,000 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
Asking
$2,315,000
24 Nov 2023 · 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
+161.1%
Median sale
Suburb $886,500
-2.12 pp
Gross yield
Suburb 3.44%
Suburb median $886,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$113,204 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Morisset's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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
UnknownArea
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 Ray White MorissetPrime Development Opportunity In Morisset's Growing Town Centre
Opportunities to secure development-ready land within Morisset's rapidly expanding CBD precinct are becoming increasingly rare. Positioned in one of Lake Macquarie's strongest growth corridors, 5 Yambo Street presents an exceptional opportunity for developers, investors, and land bankers looking to capitalise on the area's continued growth and demand.
Comprising 2023m² of R3 Medium Density Residential zoned land (subject to survey), the site benefits from rear laneway access via Lindon Lane, providing flexibility for future development outcomes and site design (STCA). Adding further value, the property comes with an existing Development Approval for a 75 place preschool, creating an immediate opportunity for childcare operators and investors seeking to meet the growing demand for early learning facilities within the region.
An additional feature of the property is the existing Masonic Hall, offering potential for adaptive re-use, community-based purposes, or incorporation into future redevelopment plans (STCA). The existing improvements may provide flexibility for purchasers seeking to retain, repurpose or enhance the site while capitalising on its significant development potential.
Morisset has firmly established itself as one of the fastest-growing regional centres between Sydney and Newcastle. Its strategic location along the M1 Motorway and Main Northern Rail Line has made it increasingly attractive to commuters, families, and investors alike. Residents enjoy direct rail access to both Sydney and Newcastle, while the M1 provides convenient connectivity to major employment hubs, beaches, and lifestyle destinations.
The suburb continues to benefit from significant public and private investment, including residential expansion, commercial growth, and ongoing infrastructure upgrades. Morisset's thriving town centre offers an extensive range of amenities, including major supermarkets, medical facilities, cafes, restaurants, schools, childcare centres, and specialty retailers. Nearby attractions such as Lake Macquarie, Trinity Point Marina, and the Watagan Mountains further enhance the area's appeal, contributing to strong demand from both owner-occupiers and tenants.
Located within walking distance of Morisset CBD and the train station, 5 Yambo Street is ideally positioned to take advantage of the area's continued growth. With increasing demand for residential and community-based developments, the existing preschool approval and the flexibility offered by the existing Masonic Hall provide purchasers with multiple pathways to unlock the site's potential (STCA).
Key Features:
-2023m² of R3 Medium Density Residential zoned land.
-Existing Development Approval for a 75 place preschool.
-Existing Masonic Hall offering potential for adaptive re-use or incorporation into future redevelopment (STCA).
-Rear laneway access via Lindon Lane.
-Walking distance to Morisset CBD and train station.
-Excellent development potential (STCA).
-Close proximity to schools, medical facilities, shopping and public transport.
-Positioned within one of Lake Macquarie's strongest growth corridors.
-Easy access to the M1 Motorway, Sydney, Newcastle and Lake Macquarie.
Whether you're looking to develop the approved childcare facility, explore alternative development opportunities (STCA), or secure a strategic landholding in a high-growth location, this is a rare opportunity to acquire a substantial parcel of land in one of the region's most sought-after growth centres.
Disclaimer: Every precaution has been taken to establish the accuracy of the above information, but it 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. Personal information collected by the agency when you enquire may be used and disclosed throughout the business in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles for business, marketing, compliance and related purposes, for more information on how we use your data please refer to our privacy policy which can be found here - https://www.raywhite.com/franchisee-privacy-policy/
Listing description written by Robyn Harrison, Ray White Morisset — 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.