16 Cinnamon Way, Morisset, NSW 2264 | Property Value & History | OnTheHouse
OFF MARKET

16 Cinnamon Way
Morisset NSW 2264

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 501m2
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Property Details for 16 Cinnamon Way, Morisset

16 Cinnamon Way, Morisset is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 501m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
2021
Land Size
501m2
Local Government
Lake Macquarie
Lot/Plan
19/DP1254284

Last Listing description (October 2024)

Dual Investment Opportunity!
Dual Home: 1& 2/16 Cinnamon Way, Morisset, NSW
Investment Opportunity: dual income property. Recently built in 2021, on generous lot of 501m2. With a house size of 231.35m2 offering two residences on one title, this meticulously designed property generates a combined rental income of $980 per week or live in one and rent the other for the savvy investors.

UNIT 1 3 spacious bedrooms with built-in robes and fans The master bedroom offers an en-suite, walk-in robe, and air conditioning. Spacious kitchen with quality appliances and stone benchtops with plenty of cupboard space. Main bathroom with seperate shower and bath. A large open-planned tiled dining/lounge that includes air conditioning and opens to an alfresco and private backyard. Internal access single car remote garage

UNIT 2- Thoughtfully designed with two bedrooms, one bathroom, and an open plan living area, kitchen with quality appliances and stone benchtops with plenty of cupboard space and lock-up garage.

Both properties have independent entries, ensuring privacy and robust rental yields for savvy investors. This property offers convenience to amenities like schools, parks, and shopping centres.
Dont miss this opportunity for financial security in a flourishing real estate market. Contact us today for a private viewing.

Features:
Unit 1 Current rented
3 Bedrooms, 2 Bathrooms (Ensuite to Main)
Open Plan Living, Dining, and Kitchen Area
Split system Air Conditioning and fans to bedrooms
Private Yard with Undercover Alfresco
Separate Internal Laundry, Secure Lock-up Garage with internal access.

Unit 2: Currently rented
2 Bedrooms, 1 Bathroom
Open Plan Living, Dining, and Kitchen Area
Dishwasher, Split System A/C and fans to bedrooms
Internal Euro Laundry, Private and Secure Yard

Council Rates: $2,491 pa
Water: $ 818.16 pa

Schools/ Transport/ shops:
Morisset Public School 0.68km
Morisset High School 0.78km
Morisset Train Station 1.2km
Morisset shop 1.3km

Contact Vicky 0402051180 for further information or to book an inspection.

DISCLAIMER
Photographs and other images may show fixtures, fittings or finishes that are artists impression. The information detailed above is provided by our vendors and as a result, the agent makes no representations as to its accuracy. Interested parties are encouraged to conduct their own due diligence in relation to every property they consider purchasing. All photographs, maps and images are representative and for marketing purposes only.

Property History for 16 Cinnamon Way, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$955,000
20 Sep 2024
Listed for Rent
$520/w
17 Nov 2023
  • 20 Sep 2024
    Sold for $955,000
  • 10 Sep 2024
    Listed for Sale Market Preview
  • 25 Oct 2023
    Listed for Rent - Price not available
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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2016 was 3213 people. By 2021 the population was 4078 showing a population growth of 26.9% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morisset work in a professional occupation.In 2021, 55.60% of the homes in Morisset were owner-occupied compared with 63.20% in 2016.

Morisset has 3,048 properties. Over the last 5 years, Houses in Morisset have seen a 83.41% increase in median value, while Units have seen a 50.33% increase. As at 30 November 2025:

  • The median value for Houses in Morisset is $919,204 while the median value for Units is $605,189.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 22 properties listed for rent in Morisset on OnTheHouse. According to Cotality's data, 137 properties were sold in the past 12 months in Morisset.

Suburb Insights for Morisset 2264

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.