This 3 bedroom House & Land package in Morisset offers 2 bathrooms, a single garage and 153m2 of home on a titled 450m2 block. It comes as a full turnkey finish with a 20mm manufactured stone kitchen benchtop, reverse cycle split system air-conditioning to the living area and main bedroom and an approximately 1.8kW solar power system, and the block is fully fenced, turfed and landscaped.

Morisset sits between Lake Macquarie and the Watagan Mountains, with boating, fishing and bushwalking close by. The town has schools and easy access to shops, cafes and services, and its train station and proximity to the M1 make commuting simple, which widens the pool of potential tenants.

This House & Land package is projected to rent for $640 per week, a gross return of $33,280 per annum and a gross yield of about 3.41% on the package price, a clear income picture for investors weighing it against their portfolio.

As a Traditional Family Home, the three-bedroom layout gives tenants an open family and dining area, a main bedroom with its own ensuite and an undercover alfresco area, the kind of practical space family renters look for and a driver of steady rental demand.

Quality family homes in established regional areas attract long-term tenants, making this package a stable addition to an investment portfolio, delivered turnkey and ready to lease.