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Morisset suburb profile

Morisset is a lakeside town on the western shore of Lake Macquarie, set against bushland and low ridgelines that frame its foreshore. The town centre sits close to the water with a foreshore reserve, boat ramps and walking tracks that make outdoor life a big part of the local routine. Housing is a mix of established family homes and newer suburban estates, appealing to families and people seeking a quieter, water-focused lifestyle. There are local shops, schools and health services, and a railway station with regular services toward Newcastle and Sydney, so residents are well connected while enjoying a relaxed lakeside setting.

Morisset property market performance

Current median dwelling price$530,000Past 3 months

Property growth+16.5%Past 12 months

Morisset has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price. For houses the median price is $760,000, a solid 9.8% rise over the last 12 months. Unit values rose sharply, up 23.2% over the same 12 months.

Over the last 3 months there were 16 house sales and 4 unit sales. Houses sold faster, with a median of 27 days on market over the last 12 months compared with 76 days for units.

The rental market in Morisset saw house rents average $630 a week, up a solid 8.6% over the last 12 months. Unit rents averaged $520 a week, up sharply 15.6% over the last 12 months, so unit rents grew more strongly than house rents.

HousesUnits
Median price
Past 3 months
$760KN/A
Change in value
Past 12 months
9.8%23.2%
Sold
Past 3 months
164
Median days on market
Past 12 months
2776
Average rent
Past 12 months
$630$520
Change in rent
Past 12 months
8.6%15.6%

5 year median price trend for houses and units

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Morisset demographics

Morisset is a community of 4,078 people with a median age of 53 and a typical household income of $959 a week, roughly $49,868 a year.

Family types are led by couple families without children, which make up 46.5% of families. Couple families with children account for 28.3%, one-parent families 23.3%, and other families 1.9%.

In Morisset, owner-occupiers are the largest tenure group at 63.8% (46.8% owned outright and 17.0% owned with a mortgage), while renters make up 36.2% of homes.

Suburbs near Morisset

Some popular suburbs near Morisset include:

  • Dora Creek: Lakeside village beside Dora Creek, with calm foreshore and native reserves.
  • Bonnells Bay: Residential suburb centred on a bay of Lake Macquarie.
  • Windermere Park: Quiet, semi-rural pocket with large lots and woodlands close to the lake.
  • Morisset Park: Foreshore suburb offering lakefront reserves and recreational spaces.
  • Cooranbong: Village at the foothills of the Watagan Mountains, surrounded by bushland.

How does Morisset compare to nearby suburbs?

  • Median house prices: Morisset’s median house price is 13.1% lower than Dora Creek’s.
  • House price growth: Over the past 12 months, house prices in Morisset have grown 24.0% higher than in Dora Creek.
  • Selling speed for houses: Properties in Morisset are selling 32.5% faster than in Dora Creek.

Choose the right real estate agents in Morisset

There are 32 real estate agents in Morisset, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 40.0% of all sales in the past year.

Commission rates in Morisset typically range from 1.92% to 2.88%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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