5 Hearn PlaceMorgantown WA 6701
Property Details for 5 Hearn Pl, Morgantown
5 Hearn Pl, Morgantown is a 2 bedroom, 1 bathroom Townhouse and was built in 1975. The property has a land size of 1547m2.
Last Listing description (January 2022)
This 6 Unit Complex is an opportunity to enter the market with a positive rental return.The complex has a long history of occupancy and has been very well maintained. The complex is on 2 Levels, ground floor level consists of the lounge, kitchen/dining, toilet and laundry. The second storey consists of 2 bedrooms, bathroom, and toilet, plus a balcony. The Units are all fitted out with modern fittings, tiled floors, excellent security, and air conditioning allowing for easy management. Each Unit has its own back yard area, front porch and front garden, there is secure parking for all vehicles at the rear of the property.Occupancy Rates and Returns are available. The complex of the 6 Units is being offer as one, but each Unit has its own Strata Title. Total land area approx. 1547m2.
Property History for 5 Hearn Pl, Morgantown, WA 6701
- 06 Aug 2021Listed for Sale SOLD - $680,000
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About Morgantown 6701
The size of Morgantown is approximately 1.4 square kilometres. It has 4 parks covering nearly 4.8% of 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 88.13% increase in median value, while Units have seen a 105.03% increase. As at 31 January 2026:
- The median value for Houses in Morgantown is $337,423 while the median value for Units is $325,229.
- Houses have a median rent of $435.
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