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16 Rachel Way, Morwell$549,000
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For Salehouse

16 Rachel Way

Morwell, VIC 3840, Australia
$549,000
3 bed 1 bath 1 car534 m²

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About this property

This well maintained, comfortable and conveniently located home in the heart of Morwell has been lovingly held by the one owner and is ideal for first home buyers, growing families or savvy investors looking to secure a quality property with generous living spaces, practical features and excellent future potential. Inside offers three bedrooms, all complete with built-in robes. The spacious living zone provides plenty of room for the whole family and flows seamlessly into the generous dining area. The adjoining kitchen makes mealtimes easy, featuring beautiful timber cabinetry, ample storage, ceramic cooktop, laminate benchtops, a double sink, stainless steel dishwasher and built-in pantry. The enormous main bathroom includes a stand-up shower, single vanity with storage, built-in bathtub, toilet and bidet. A spacious laundry with additional storage adds further convenience. Comforted by gas ducted heating and split system cooling throughout, this home is well equipped for year-round comfort. Outside, you'll find a fantastic fully fenced backyard with plenty of potential, whether you're a keen gardener or prefer low-maintenance living. The outdoor area is the perfect space for entertaining, while a single garage, side access and a multi-purpose room with kitchenette complete the package. Ideally located just minutes from Morwell's CBD, local shops, schools, childcare, sporting facilities, parklands and public transport, with Mid Valley Shopping Centre also nearby. With an estimated rental return of $400$450 per week, this property would make a great addition to your investment portfolio. For more information or to arrange an inspection, contact Simon Burns on 0421 333 144 or Julia Demosthenous on 0461 333 119.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
534 m²
Listed
1 month ago

Repayment calculator

$2,662/month
$1,331 /fortnight
Loan $439,200 at 6.10% over 30 years

Upfront costs

Deposit$109,800
Stamp duty$28,010
Conveyancing (est.)$2,000
Total upfront$139,810
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Morwell

This 3-bedroom house in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $599,475 median of 68 comparable houseswithin 5 km.

Schools near Morwell

  • Virtual School Victoria - Bellum Bellum Blended Learning Hubcombined
  • Morwell Central Primary Schoolprimary · Prep-6 · CoEd
  • Morwell Park Primary Schoolprimary · Prep-6 · CoEd
  • Berry Street School - Morwell Campussecondary
  • Kurnai Collegesecondary · 7-12 · CoEd

What's nearby

  • Post Business Centre/Bridle Rd (bus)1.9 km away
  • Aldi1.5 km away
  • Unnamed957 m away
  • Unnamed1.2 km away
  • Unnamed1.2 km away

Morwell at a glance

Full suburb profile
Population
14,389
Median age
43
Household income
$942/wk
Median rent
$215/wk
Median mortgage
$953/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Morwell price trend

Median sold · House 3 bed

Compound growth +6.8% / yr over 4 yrs

$410kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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