DUAL IN MORWELL VICTORIA - STRONG RENTAL DEMAND! PROPERTY LOCATION: MORWELL- semi regional Victoria Located approx. 2 hours drive to Melbourne City
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About this property
Discover a unique opportunity to invest in one of regional Victoria's most promising growth corridors - English Street, Morwell. This boutique collection of House & Land packages sits in a prime pocket of Morwell, surrounded by quality homes and just a 5-minute drive from everything you need - Latrobe Regional Hospital, Mid Valley Shopping Centre, train station, schools, TAFE, childcare, cafes, and recreational parks. Morwell has recently been named one of Australia's "Top 50 Supercharged Suburbs" by Hotspotting's Price Predictor Index, with rising sales volumes indicating strong potential for capital growth. With major infrastructure projects and job-creating developments underway, Morwell is fast becoming one of Victoria's most exciting investment hotspots. Details: Lot 9 English Street, Morwell - new estate currently under construction - estimated completion and registration of lots October 26. Lots will be allocated when contract is unconditional Lot size is 513m2 Register in Oct 26 $280,000 Dwelling - dual occupancy with total of 4 beds, 3 baths and 2 cars Total size of dwelling 204m2 Build cost: $450,718 Dwelling 1: 3 beds, 2 baths and 1 car garage shared or 2 cars for dwelling 1 Dwelling 2: 1 bath 1 bath and 1 car garage shared - tbc Quality inclusions and specifications - 600mm oven/stove top etc - PLEASE ASK FOR FULL INFORMATION Modern Colour palette provided Minutes to all major amenities and services - including train station with regular daily services to Melbourne Rental estimated: $850 TO $900 per week total - see attached letter TO PURCHASE: EOI WITH $1000 INTIIAL DEPOSIT TO HOLD, FINANCE AVAILABLE - 21 DAYS FROM CONTRACT SIGNING These properties in English Street will be available for sale until the lots are fully sold - please enquire re availability FOR SALE: $730,718 Kaye Tilley 0418 823 046
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 513 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Morwell
This 4-bedroom house in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools. It is listed 17% above the $622,000 median of 78 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
- Williams St/Well St (bus) — 1.4 km away
- Woolworths — 1.8 km away
- Unnamed — 512 m away
- Unnamed — 518 m away
- Unnamed — 1.0 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 4 bed
Compound growth +8.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Morwell marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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