28 Newcastle StreetMorisset NSW 2264
Property Details for 28 Newcastle St, Morisset
28 Newcastle St, Morisset is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1012m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (September 2025)
Located within a 400m radius of the NSW Government's Transport-Oriented Development (TOD) zone, this 1,012m property presents an exceptional opportunity for investors and developers. The R3 Medium Density Residential zoning supports townhouse construction, offering even more potential for future development. Additionally, the TOD zoning allows for the potential development of a 6-storey apartment block, particularly when combined with adjacent properties, making this a strategic acquisition in a rapidly growing area.
The substantial residence offers dual income potential, featuring a versatile layout with up to 7 bedrooms, two kitchens, and four bathrooms. Originally approved as a display home with dual accommodation, while it is not formally approved as a dual occupancy, Council would be aware of the current floor plan. The main dwelling includes 6 bedrooms (or 5 and a study), two kitchens, and three bathrooms, providing ample space for extended family living or rental returns. Additionally, a separate self-contained one-bedroom studio overlooks the inground pool and spa, complete with its own bathroom for added convenience.
While significant work has already been done throughout, adding some finishing touches will either enhance your enjoyment of the home or increase its appeal to future tenants. For dual income purposes, some minor work will be needed to separate the two homes, as well as installing separate electrical and plumbing meters.
Whether you're looking for a strategic investment with high return potential or a dual-family residence close to Morisset CBD, 28 Newcastle Street is a unique offering at an exciting time of future growth for Morisset.
DISCLAIMER
Wilson Britten Real Estate has obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 28 Newcastle St, Morisset, NSW 2264
- 19 Jun 2025Listed for Rent $280 / week
- 28 Nov 2024Listed for Rent $495 / week
- 01 Nov 2024Sold for $922,000
Recent sales nearby
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0About 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 3,049 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.
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