FOR SALE
$460,000

40 Waratah Drive
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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Space for the Whole Family!

First National Central KW is proud to present 40 Waratah Drive Morwell, located in the popular Bridle Estate. This charming brick home boasts two living spaces, 4 bedrooms with BIRs, 2 bathrooms and a fully enclosed backyard space perfect for pets! Currently leased until March 2025 at $430 per week this property presents investors with a solid investment to add to their portfolio or families looking for their forever home in the heart of town.
Features:
- Brick Construction
- 2 living spaces
- Master bedroom equipped with walk in robe and ensuite
- 3 separate bedrooms with built-in robes
- Garage, Carport, Fully enclosed backyard
- Located only a short walk from Mid Valley Shopping Centre
For more information or to book a private inspection contact Matt from First National Central today!
Property Code: 2970
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Property Details for 40 Waratah Dr, Morwell

40 Waratah Dr, Morwell is a 4 bedroom, 2 bathroom House with 4 parking spaces. The place is currently for sale with KW Property Sales & Rental.

Building Type
House

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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 8,939 properties. Over the last 5 years, Houses in Morwell have seen a 79.21% increase in median value, while Units have seen a 46.24% increase. As at 31 October 2024:

  • The median value for Houses in Morwell is $319,787 while the median value for Units is $272,996.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 65 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 422 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.