224 Drake Street, Morley, WA 6062 | Property Value & History | OnTheHouse
OFF MARKET

224 Drake Street
Morley WA 6062

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 129m2
Land area: 879m2
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Property Details for 224 Drake St, Morley

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.

Building Type
House
Year Built
1976
Floor Size
129m2
Land Size
879m2
Local Government
Bayswater
Lot/Plan
23/D047787

Last Listing description (August 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!

Property History for 224 Drake St, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$730,000
07 Jun 2022
Listed for Rent
$345/w
17 Apr 2020
  • 07 Jun 2022
    Sold for $730,000
  • 01 Jun 2022
    Listed for Sale From $719000
  • 15 Feb 2021
    Sold for $637,000
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About Morley 6062

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:

  • The median value for Houses in Morley is $1,056,416 while the median value for Units is $776,166.
  • Houses have a median rent of $735 while Units have a median rent of $700.
There are currently 37 properties listed for sale, and 6 properties listed for rent in Morley on OnTheHouse. According to Cotality's data, 357 properties were sold in the past 12 months in Morley.

Suburb Insights for Morley 6062

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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.