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Overview
The recently completed renovation of this 4-bedroom, 1-bathroom home presents an ideal opportunity for families eager to move in immediately or investors looking for a strong rental yield in a robust rental market.
Due to Morawa's limited rental availability, this property is anticipated to generate approximately $320 per week, yielding an impressive 8.7% gross rental return, making it a valuable investment prospect.
Key features of the property include a refurbished kitchen styled with modern finishes, a newly updated bathroom and toilet, and a comprehensive repaint both internally and externally. The polished wooden floorboards throughout add a touch of warmth and character to the home.
Comfort is ensured with split system air conditioners and ceiling fans distributed throughout the residence, allowing for year-round climate control.
Outdoor amenities feature a rear patio entertainment area complete with a second toilet, ideal for hosting gatherings and enjoying the open air.
The expansive yard provides ample space for various pursuits and includes a two-car garage, a large storage shed, chook yards, dog kennels, and additional garden sheds. There remains plenty of room to accommodate children, pets, gardens, and hobbies.
Located just a short walk from Morawa's town centre, the property is situated in an active regional agricultural hub under an hour’s drive from the coastal resort of Dongara and the Indian Ocean coastline.
The town itself offers a district high school, a reputable Agricultural College, modern hospital and medical services, aged care facilities, and a variety of sporting venues such as an Olympic-sized swimming pool, football and hockey ovals, and a vibrant speedway track.
Annual outgoings include shire rates of $2,100, inclusive of deep sewerage services, and water rates estimated at $320 per annum.
This property is competitively priced and highly recommended for viewing by both investors seeking strong returns and homebuyers interested in a thriving rural environment equipped with excellent amenities and employment opportunities.
Disclaimer: While every effort is made to prepare these details accurately, purchasers must verify all information independently before entering into any contract of sale.
Local Market Insights
In Morawa, Quiet Listings observed 2 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $195,000. All new listings observed during this period were Houses. Peter Kuhne Real Estate is the only agency with property listings monitored during the period. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Morawa WA 6623
Market Insights for Morawa WA 6623
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
