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Back 232 Drake Street
Off Market

232 Drake Street

Morley WA 6062

3
1
2
0 m²
838 m²
House
Last sold for $990,000
Shane CapelliShane Capelli, last sold this property on 07 June 2025 after 4 days on market.

Overview

Under Offer by SHANE CAPELLI

This much-loved & spacious family home is on the market for the first time in 50 years – it offers a huge living & dining room, polished Jarrah floors, Jarrah skirtings, big bedrooms, external studio, and a massive workshop, all on an enormous 838sqm flat block with subdivision potential – don't miss this one! 838sqm, R40 zoning block - subdivide & retain the existing home or triplex subdivision potential – clear the block and build three new homes, retain the existing home and build at the rear, or simply enjoy the space this enormous block provides now, and subdivide in the future. The kitchen overlooks the backyard and offers stacks of overhead cupboards, display shelves, a freestanding electric hob, double door pantry & plenty of bench space. The master bedroom is king size with a 3-door sliding robe - both minor bedrooms are queen size. The bathroom has a full-size bath and a separate shower. Great outdoor entertaining with a pergola, easy-care gardens, mature fruit trees, and plenty of grass for the kids & pets to play, with room for a pool or granny flat out back – or relax in the all-weather and very private & enclosed courtyard out front. There is an external colorbond studio/games room that offers lined ceiling & walls, window & sliding glass door with security screens, power, and a concrete floor – or ideal as a home office/study, teenage retreat, or craft room. Rear drive thru access to an enormous workshop/double garage with plenty of paved parking for caravans & boats. Plus, ducted air conditioning, security doors, security window screens & so much more! Fantastic location directly opposite the picturesque Rudloc Reserve, and a short walk to Morley Galleria shopping & entertainment complex, John Forrest Secondary, Hillcrest Primary and Chisolm Catholic College. INVESTORS – Please note, our senior property manager has appraised the rental value at $550 to $570 per week if rented out in the current market. Call Shane for a private inspection or further information on 0410339499. Block size 838 sqm Built (99112) *PLEASE NOTE while every effort has been made to ensure this information is correct at the time of listing, this information is provided for reference only and is subject to further enquiry. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
838 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morley over the last 12 months, the estimated median property value of 232 Drake Street is $888k.

Median value
$888k
Estimated value range
$610k - $1.36m
Median days on market
20
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 232 Drake Street

2025
Sold
$990,000
Private Sale/Treaty on 07 Jun 2025 by Shane Capelli, of Peard Real Estate - Hillarys

Happy sellers in Morley

95%
95% of sellers in Morley reported that their sale price either exceeded or met their price expectations.

Morley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 84 reviews in Morley over the last 12 months.

Local market activity for 3 bedroom houses in Morley

In the last 12 months, 153 three-bedroom houses similar to 232 Drake Street, have been sold.

This represents a 33% increase in three-bedroom houses sales when compared to the previous 12 months.

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