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7/62 Morley Drive, Tuart Hill$400,000
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For Saleapartment

7/62 Morley Drive

Tuart Hill, WA 6060, Australia
$400,000
2 bed 1 bath48 m²

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About this property

If you've been searching for an affordable way to break into the market, this could be the opportunity you've been waiting for. Positioned in a small complex of just 10 units, this original upstairs two-bedroom apartment offers plenty of potential for first home buyers, renovators or investors looking to add value. While it's ready for a fresh update, the functional floor plan and convenient location provide the perfect foundation to make it your own. Public transport couldn't be easier, with a bus stop right at the front of the complex and excellent access to major roads heading north, south, east and west. Parking is another bonus, with ample space available for residents and visitors alike. Currently leased until September 2026, the property also presents an easy set-and-forget investment with immediate rental income while you plan your next move. Whether you're looking to renovate, invest or simply secure an affordable property in a well-connected suburb, this is an opportunity well worth considering. Features include: • Two bedrooms • Open plan living • Kitchen with plenty of cupboard space • Bathroom with shower and pivot screen • Security screens to all windows • Electric hot water system • Upstairs position in a complex of just 10 units • Communal laundry • Plenty of resident and visitor parking • Currently rented at $500 per week until September 2026 Outgoings: • Strata levies: $921.95 per quarter (includes $125.05 reserve fund) • Shire rates: $1,596.11 per annum (2025/2026) • Water rates: $944.74 per annum (2025/26) • Electricity and water consumption are included within the strata levies.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
48 m²
Listed
2 weeks ago

Repayment calculator

$1,939/month
$970 /fortnight
Loan $320,000 at 6.10% over 30 years

Upfront costs

Deposit$80,000
Stamp duty$13,015
Conveyancing (est.)$2,000
Total upfront$95,015
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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 Tuart Hill

This 2-bedroom apartment in Tuart Hill, WA 6060 sits within reach of public transport, local shops and nearby schools. It is listed 47% below the $760,000 median of 66 comparable apartmentswithin 5 km.

Schools near Tuart Hill

  • St Kieran Catholic Primary Schoolprimary · PP-6 · CoEd
  • Tuart Hill Primary Schoolprimary · K-6 · CoEd
  • Servite Collegesecondary · 7-12 · CoEd

What's nearby

  • York Street after Eldorado Street (bus)650 m away
  • Tuart Hill Laundromat229 m away
  • Unnamed417 m away
  • Conway Reserve674 m away
  • Unnamed706 m away

Tuart Hill at a glance

Full suburb profile
Population
7,541
Median age
36
Household income
$1,535/wk
Median rent
$320/wk
Median mortgage
$1,647/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Tuart Hill price trend

Median sold · Unit 2 bed

Compound growth +18.1% / yr over 4 yrs

$642kcurrent median

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Price history

Price history

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1 price change recorded for this property

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