FOR SALE
$298,000

23 Butters Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 866m2
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Ready to go investment opportunity, located in the heart of town!

Welcome to this charming 3-bedroom weatherboard home located in the heart of Morwell. Situated close to the CBD, this property presents an excellent opportunity for investors seeking a lucrative investment.
The three bedrooms are generously sized and provide comfortable accommodation for residents.
Currently tenanted, this property offers a steady rental income stream, making it an attractive option for investors.
Features Include:
- 3 Bedroom Home,
- Located in close proximity to town centre, sporting facilities and public transport services
- Currently rented at $250 per week.
- Large 865m2 Block
- Large enclosed backyard.
For more information, or to book a private inspection contact: Matt Hamilton – First National Central KW 0472 545 557
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Property Details for 23 Butters St, Morwell

23 Butters St, Morwell is a 3 bedroom, 1 bathroom House. The property has a land size of 866m2. The place is currently for sale with KW Property Sales & Rental.

Building Type
House
Land Size
866m2

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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 82.31% increase in median value, while Units have seen a 45.81% increase. As at 30 September 2024:

  • The median value for Houses in Morwell is $322,683 while the median value for Units is $272,106.
  • Houses have a median rent of $370 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, 368 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Matthew Hamilton
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KW Property Sales & Rental
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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.