Morisset and Edgeworth stock triples year on year: Investar
Morisset, a commercial centre and suburb of the City of Lake Macquarie, has seen the biggest stock increase in New South Wales over the last 12 months, according to the latest Investar report.
Investar says its sales stock has grown by 209%, from 22 houses this time a year ago to its current 68 offerings.
It is followed by Miranda with 208.7% growth and Edgeworth with 203.9% growth.
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Source: Investar
A recently renovated four bedroom house in Merriest was priced at $545,000 (pictured below) and sold late last month at $505,000.
Set on a 450 square metre block, the 80 Awaba Street house features new carpet, timber vinyl flooring throughout and family friendly floorplan.
It is within walking distance to schools, local shopping precinct and public transport.
Another four bedroom house situated on a 570 square mettre allotment has been listed for $555,000 (pictured below).
The 11 Kelowna Avenue house comes with open plan living, media room, four bedrooms with built-ins, alfresco dining area and double car garage.
The family home is within walking distance to Morriset CBD.
