FOR SALE
$399,000

57 Comans Street
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 756m2
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High Yield Dual Occupancy

Discover an exceptional investment opportunity with this dual occupancy brick property, perfectly situated within walking distance to Morwell Central Primary School and Latrobe Leisure Morwell. This unique offering features a spacious 3-bedroom house and a cozy 1-bedroom unit, both currently tenanted and generating impressive rental returns.
3 Bedroom Home:
- Kitchen includes gas cooking, built in pantry, good bench space and ample storage while incorporating dining
- Large lounge with split system heating and cooling
- 3 good sized bedrooms, 2 include built in robes
- Bathroom includes shower over bath, second bath and updated vanity
- Laundry includes second toilet and shower
- Mud room and study at entry
- Roller shutters throughout the home
- Good sized garage plus 2 x single carports
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Property Details for 57 Comans St, Morwell

57 Comans St, Morwell is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 756m2. The place is currently for sale with One Agency Latrobe Valley.

Building Type
House
Land Size
756m2

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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 66 properties listed for sale, and 10 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 416 properties were sold in the past 12 months in Morwell.

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Anthony Bloomfield
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Josh Quigley
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One Agency Latrobe Valley
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