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303 Princes Drive

Morwell, VIC 3840, Australia
$430,000
3 bed 1 bath 1 car775m²

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Area Price Guide
$404,200$455,800

Indicative price guide range

🏘️
83
Comparable
📊
$638,200
Area median
⚖️
-33%
vs median
📐
$555
Per m²
📏
775 m²
Land
🗓️
6 days ago
Listed

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About this property

303 Princess Drive, Morwell Whether you're searching for your first home, a ready-made investment or a property with future potential, this beautifully refreshed residence delivers an exceptional combination of comfort, convenience and opportunity. From the moment you arrive, you'll appreciate the inviting feel of a home that has been thoughtfully updated and presented in a crisp, modern colour palette. Inside, the functional floor plan creates an easy flow between living spaces, offering a comfortable environment suited to everyday living and entertaining alike. At the heart of the home, the updated open-plan kitchen provides a practical and welcoming space to cook, connect and gather. Overlooking the main dining area, it forms the central hub of the home while enhancing the sense of space and functionality throughout. Accommodation comprises three well-sized bedrooms serviced by a central bathroom, while reverse cycle heating and cooling ensures year-round comfort. Fresh renovations throughout mean there is nothing left to do but move in and enjoy. Stepping outside, the property continues to impress with a fully fenced and secure yard set on an approximately 775m² allotment. Offering space, privacy and flexibility, the substantial land component presents exciting possibilities for owner occupiers, investors and those looking to explore future development opportunities, subject to council approval. Adding further practicality is a single garage, garden shed, exterior toilet and secure driveway access, providing valuable storage and workspace options. The generous backyard creates room for children and pets to play while also offering scope for future improvements. For investors, the property presents an attractive opportunity with an estimated gross rental yield of approximately 5%, combining immediate income potential with the benefit of a renovated, low-maintenance home. Positioned within easy reach of Morwell's schools, shopping precinct, public transport and sporting facilities, this is a turnkey opportunity offering immediate enjoyment today and exciting possibilities for tomorrow. A neat, updated and move-in-ready property with broad buyer appeal, 303 Princes Drive presents an outstanding opportunity to secure lifestyle, convenience and long-term value in one of Morwell's most accessible locations. Disclaimer: Home Road Real Estate has taken care to ensure the accuracy of the information provided in this listing. However, we make no guarantee as to its completeness or correctness, and interested parties are advised to conduct their own independent enquiries to verify all details.

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,085/month
    $1,042 /fortnight
    Loan $344,000 at 6.10% over 30 years

    Upfront costs

    Deposit$86,000
    Stamp duty$20,870
    Conveyancing (est.)$2,000
    Total upfront$108,870
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Land Area
    775m²
    Listed
    6 days ago

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