FOR SALE
$160,000-$175,000

6/3 Opal Place
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Opportunity Knocks! Renovator's Delight in Prime Location

Calling all savvy investors and first-time homebuyers! This charming two-story brick unit at 6/3 Opal Place, Morwell, is a blank canvas waiting for your vision.
The unit boasts two generously sized bedrooms, each with its own private balcony, Built-in robes provide ample storage space, ensuring a clutter-free living experience. Upstairs also features a bathroom with a shower over a hip bath, a vanity, and a separate toilet.
Great sized living area, featuring a split system for year-round comfort and a well-equipped kitchen with electric cooking offers plenty of space for meal preparation.
Located in the highly sought-after Bridle Estate, you'll enjoy easy access to schools, Mid Valley Shopping Centre, public transport & Restaurants.
This unit offers an opportunity to add your personal touch with some work. this unit holds the potential to generate a rental return of $260-$280 per week, making it a sound investment.
Contact Jesse today for a private inspection on 0421 337 777
Property Code: 2961
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Property Details for 6/3 Opal Pl, Morwell

6/3 Opal Pl, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with KW Property Sales & Rental.

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Unit

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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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Jesse Watson
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