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 › Marconi Rd
$1,600,000
Last sold
19 Feb 2025
4
Bedrooms
2
Bathrooms
10
Car spaces
9,429.175 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
$1,600,000
19 Feb 2025 · derived via latest_sale
Local land rate: recorded Rural Property sales in Morisset (last 5 years) with land size have a median of $145/m² of land (n=4). 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
+80.5%
Median sale
Suburb $886,500
-1.53 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 Harcourts NewcastleSet on 2.33 picturesque acres with town water, this versatile property offers space, comfort, and convenience in an idyllic location. Perfectly suited to families, entertainers or hobbyists, this home combines functionality with lifestyle.
Inside, you'll be set for comfort with ducted air conditioning and ceiling fans along with spacious bedrooms, all with built-in robes. The main bathroom includes a separate toilet for added convenience while two linen cupboards ensure plenty of storage. The heart of the home is a large and bright entertainer's kitchen, designed to bring everyone together with a 90cm gas cooktop and bay window kitchen sink that baths the room with natural light.
A rooftop solar system keeps energy bills in check, while the large horseshoe driveway leads to an attached two-car garage with internal access. Need more space? The detached 13m x 8m garage/workshop and carport provide room for up to 8 vehicles, making it a dream for car enthusiasts or those needing extra storage or a large workshop space.
Relax by the pool or enjoy dinner under the gazebo while taking in the surrounding gardens. Nature lovers will appreciate the proximity to Watagan National Park, Lake Macquarie, and Awaba Mountain Bike Park, while foodies can indulge in the area's excellent dining options, including 8@Trinity and Bistro Eden.
Located just 60-70 minutes from Sydney, 50 minutes from Newcastle CBD, and 30-40 minutes to the Hunter Valley, this property also offers easy access to schools, walking tracks, and the exciting Cedar Mill Lake Macquarie entertainment precinct currently under development.
Features you'll love:
- Set on a spacious 2.33 acres with town water
- Ducted air conditioning and ceiling fans; recessed lighting throughout the home
- All bedrooms with built-in robes; main bathroom with separate toilet
- Large entertainer kitchen with 90 cm gas cooktop and bay window kitchen sink; two linen cupboards
- Rooftop solar system
- Large horseshoe driveway
- Two car attached garage with internal access
- Detached 13m x 8m garage/workshop plus carport with room for 8 vehicles
- Pool with gazebo plus garden/pool shed
- Close to Watagan National Park, Lake Macquarie, Trinity Point and Awaba Mountain Bike Park
- Close to the new Cedar Mill Lake Macquarie entertainment precinct currently under development
- Excellent dining nearby: 8@Trinity, Bistro Eden and more; close to shops and walking tracks
- Close to Avondale School, Heritage College, St John Vianney Primary, Cooranbong Public School and Avondale University
- 60-70 minutes to Sydney outskirts, 50 minutes to Newcastle CBD, and 30-40 minutes to the Hunter Valley
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Fleur Hagen, Harcourts Newcastle — reproduced as published, not verified by Districts.