38 Morgan Way, Morgantown, WA 6701 sold on 26 March 2026 | OnTheHouse
SOLD
Sold on 26 Mar 2026 for $151,500

38 Morgan Way
Morgantown WA 6701

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 762m2
Sold By
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Amelia Hebiton
Professionals Geraldton
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Team Alby
Professionals Geraldton
This property is currently on the market
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Property Details for 38 Morgan Way, Morgantown

38 Morgan Way, Morgantown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1973. The property has a land size of 762m2 and floor size of 100m2.This Property is currently listed for sale with Minic Property Group

Building Type
House
Year Built
1973
Floor Size
100m2
Land Size
762m2
Local Government
Carnarvon
Lot/Plan
60/P009347

Last Listing description (September 2026)

Positioned on a generous 762sqm block, 38 Morgan Way presents an outstanding opportunity to secure a completely renovated 3-bedroom, 1-bathroom home in a regional location with strong rental appeal and an established economic base.From the moment you step inside, it is clear that the hard work has already been done. The home has been completely renovated, offering a fresh, modern feel while retaining the practicality and space that make regional properties so appealing. With nothing major left to do, this is a genuine buy-and-hold opportunity ready to generate an income from day one.Currently leased at $330 per week, the property also comes with a rental appraisal of approximately $420 per week, highlighting the potential for significant rental growth. For investors, the combination of a sizeable landholding, renovated dwelling and strong rental demand makes this a compelling addition to a portfolio.For owner-occupiers, the home offers an affordable and comfortable family lifestyle, with three well-sized bedrooms, functional living areas and plenty of outdoor space on the substantial block.Located within a tourism gateway, the area benefits from ongoing visitor activity, local employment and a diverse regional economy. Whether you're searching for a family home, a first investment or a property with strong cash-flow potential, this is an opportunity worth serious consideration.38 Morgan Way is renovated, leased, land-rich and ready to go - a genuine regional investment opportunity with plenty of upside.Key Features:- 762sqm generous block- Completely renovated 3-bedroom, 1-bathroom home- Currently leased at $330 per week- Rental appraisal of approximately $420 per week- Strong regional rental & tourism-driven economy- Excellent family home or investment opportunityCall Abdullah Al Nour and Shivam Valdi for more information today!Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make enquiries and rely on their personal judgement to satisfy themselves in all respects.

Property History for 38 Morgan Way, Morgantown, WA 6701

A timeline of how this property has performed in the market
Last Sold
$151,500
26 Mar 2026
  • 02 Sep 2026
    Listed for Sale OFFERS INVITED (PRICE GUIDE: $300,000+)
  • 26 Mar 2026
    Sold for $151,500
  • 05 Mar 2026
    Listed for Sale UNDER CONTRACT!
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About Morgantown 6701

The size of Morgantown is approximately 1.4 square kilometres. There are 4 parks, covering nearly 4.8% of the total area. The population of Morgantown in 2016 was 785 people. By 2021 the population was 774 showing a population decline of 1.4% in the area during that time. The predominant age group in Morgantown is 20-29 years. Households in Morgantown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morgantown work in a professional occupation.In 2021, 44.50% of the homes in Morgantown were owner-occupied compared with 43.00% in 2016.

Morgantown has 391 properties. Over the last 5 years, Houses in Morgantown have seen a 56.57% increase in median value, while Units have seen a 83.52% increase. As at 31 July 2026:

  • The median value for Houses in Morgantown is $348,953 while the median value for Units is $320,765.
  • Houses have a median rent of $450.
There are currently 4 properties listed for sale, and no properties listed for rent in Morgantown on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Morgantown.

Suburb Insights for Morgantown 6701

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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.