9 Yambo Street, Morisset NSW 2264
9 Yambo Street, Morisset NSW 2264
3 bedrooms, 1 bathroom, 2 car spaces. Single-level house on a 1012m² lot. Internal area of 207m². No bushfire or flood overlays. This lot is significantly larger than typical Morisset stock, which usually sits between 400 and 700m². The single-level configuration and generous floor plan position it well for families or retirees seeking accessible living without sacrificing space.
What is competitively strong here is the land itself. A 1012m² lot in an established residential zone is rare in this part of Lake Macquarie, where newer subdivisions tend to pack homes onto smaller parcels. The single-level layout with front and rear patios and a large living zone adds practical appeal for buyers who want indoor-outdoor flow without stairs. The property sits in a stable residential neighbourhood and falls within the catchments for Morisset Public School and Morisset High School. It serves best a buyer who values land size and single-level convenience over modern finishes or a central location.
What might affect the property’s value is the age of the building. Without a confirmed construction year, a buyer should assume the house is older and factor in potential maintenance or upgrade costs. The single bathroom could be a constraint for families or future resale, though it is not unusual for the era. The estimated rental yield sits around 3.76%, which is modest but stable for the area. A planning application from 2020 exists on the property, though its specifics are unclear; a buyer may want to investigate whether any approvals or restrictions carry forward. These factors do not undermine the property’s core strength but should inform any offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Yambo Street, Morisset NSW 2264
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Morisset presents as a family-oriented market with strong recent capital growth across both houses and units, indicating robust demand. This demand is primarily driven by owner-occupiers, particularly families, supported by a stable volume of sales. The market shows tight rental conditions with limited available stock, contributing to competitive yields. Future growth is underpinned by this sustained buyer activity, though affordability considerations emerge given the proportion of mortgaged owners and the established price point.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
1012m²
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