224 Drake St, Morley is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 879m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
An extremely rare opportunity for a very astute investor! Solid 4x2 home bringing in a good rental income situated on a huge 879sqm development potential block zoned R40/60. Set in a most sought after location within walking distance of the Galleria, parkland, schools and right near the Bedford border. Be quick properties like this don't last long!Features Include;- Four double sized bedrooms- Two bathrooms- Great kitchen with plenty of storage- Two living areas- Ducted air conditioning & ceiling fans- Security screens - Massive enclosed patio/games room- Lock up garage and plenty of room to park a boat or caravan- Currently leased at $440 p/week - 879sqm block zoned R40/60 with 19m frontage- Potential to retain and build or demolish and build three new homes (subject to WAPC approval) - Most sought after pocket close to booming Bedford- Walk to shopping, schools, parkland etc- Easy drive to the City & Airport- A VERY RARE FIND!For more information or to organise a viewing call TEAM SAMMUT today!
The size of Morley is approximately 10.4 square kilometres. There are 46 parks, covering nearly 8.8% of the total area. The population of Morley in 2016 was 21530 people. By 2021 the population was 22539 showing a population growth of 4.7% in the area during that time. The predominant age group in Morley is 30-39 years. Households in Morley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morley work in a professional occupation.In 2021, 69.20% of the homes in Morley were owner-occupied compared with 68.80% in 2016.
Morley has 11,625 properties. Over the last 5 years, Houses in Morley have seen a 99.23% increase in median value, while Units have seen a 114.80% increase. As at 31 May 2026:
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