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18 Wedge Street
Morwell VIC 3840

Bedrooms: -
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Land area: 587m2
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Exceptional Opportunity to Build Your Dream Home or Invest with Goldfish Real Estate

Welcome to an exceptional opportunity presented by the Goldfish Real Estate team-a chance to craft your dream home or make a lucrative investment. This property boasts a generously proportioned 587m2 titeld land nestled in the tranquility of Morwell, a town renowned for hosting the International Rose Garden Festival. Positioned opposite the scenic Toners Lane Reserve, this location sets the perfect stage for your envisioned lifestyle.
Prime Location in the Thriving Range Estate
Situated in the thriving Range Estate, a premier locale in Morwell, this property offers seamless access to key amenities. The Morwell Train Station, Morwell Club, Main Street, Mid Valley Shopping Centre, and the Fresh Food Shop are just moments away. The convenience extends further with a brief commute to both Maryvale Private Hospital and Latrobe Regional Hospital, ensuring easy access to essential healthcare facilities.
Serene Living in a Well-Connected Community
Embark on the journey to your new home in a serene and well-connected Morwell community with Goldfish Real Estate. Whether you're looking to build your dream home or make a strategic investment, this property provides a unique opportunity in a highly sought-after location.
Disclaimer: All dimensions provided are approximate. The details are intended for general informational purposes only and do not constitute a representation by the vendor or agent. *Images are for illustrative purposes only.*
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Property Details for 18 Wedge St, Morwell

Building Type
Land
Land Size
587m2

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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,935 properties. Over the last 5 years, Houses in Morwell have seen a 86.98% increase in median value, while Units have seen a 49.99% increase. As at 31 August 2024:

  • The median value for Houses in Morwell is $326,755 while the median value for Units is $271,674.
  • Houses have a median rent of $360 while Units have a median rent of $290.
There are currently 78 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Ankush Sharma
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Jitender Kajal
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Goldfish Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.