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2/10-14 Redgum Way, Morley$640,000
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2/10-14 Redgum Way

Morley, WA 6062, Australia
$640,000
2 bed 1 bath 1 car2000 m²

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About this property

A rare, first-time-to-market offering an your opportunity to secure the complete complex of 10-14 Redgum Way, Morley WA. Positioned on a generous 2000m² block. This fully leased complex consisting of 9 x townhouses, delivers immediate rental income with limited vacancy risk add in the strong underlying land value and potential future earnings, you've got a strategic holding that combines instant income with exceptional long-term upside a truly hard-to-find opportunity in Morley WA. Boasts 100% periodical tenancy leases & ready to go - instant cash flow from day one, 100% periodical tenancy lease & ready to go - instant cash flow from day one Own the entire asset - no strata, no body corporate, total control. 2000m² prime land holding. 1 x 5 bed 2 bath 2 storey townhouse. 1 x 3 bed 1 bath single storey townhouse. 7 x 2 bed 1 bath 2 storey townhouses. On-site parking for residents. Built 1985. NBN is connected.. Unbeatable Location with Everyday Convenience Nearby Schools 2.4 km Beechboro Primary School. 2.9 km Good Shepherd Catholic School. 1.37 km Kiara College. Shopping & Groceries 1.2 km Altone Park Shopping Centre 3.1 km Coles Beechboro 5.2km Galleria Shopping Centre, Coventry Markets Morley Lifestyle 5.8 km Old Perth Road Café & Dining Precinct. 11.8 km The Swan Valley food & wine region. Public Transport 800 m Bus stop on Beechboro Road Near Beechboro Central Shopping Centre. 1.3 km Noranda Train Station. 5.9 km Morley Bus Station. CBD & Airport Access Approximately 9.9 km to Airport and 11.8 km to Perth CBD. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property Details

Property Type
land
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
2000 m²
Listed
1 month ago

Repayment calculator

$3,103/month
$1,551 /fortnight
Loan $512,000 at 6.10% over 30 years

Upfront costs

Deposit$128,000
Stamp duty$24,415
Conveyancing (est.)$2,000
Total upfront$154,415
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Morley

This 2-bedroom land in Morley, WA 6062 sits within reach of public transport, local shops and nearby schools. It is listed 26% below the $869,000 median of 53 comparable landswithin 5 km.

Schools near Morley

  • Hampton Park Primary Schoolprimary · K-6 · CoEd
  • Infant Jesus Schoolprimary · PP-6 · CoEd
  • Morley Primary Schoolprimary · K-6 · CoEd
  • Weld Square Primary Schoolprimary · K-6 · CoEd
  • Hampton Senior High Schoolsecondary · 7-12 · CoEd
  • John Forrest Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Broun Avenue after Russell Street (bus)3.7 km away
  • Rebel3.5 km away
  • Stanbury Reserve3.2 km away
  • Hawkins Reserve3.2 km away
  • McKenzie Reserve3.4 km away

Morley at a glance

Full suburb profile
Population
22,539
Median age
39
Household income
$1,583/wk
Median rent
$360/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Morley price trend

Median sold · House 2 bed

Compound growth +19.9% / yr over 4 yrs

$745kcurrent median

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