FOR SALE
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Contact Agent For Address
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 2ha
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RESIDENTIAL ZONED LAND IN MORWELL!!!

Universal Real Estate Vic NORTH has proudly presented this residential development site (subject to council approval). The five-year average increase in median property values for MORWELL, VIC 3840 has given property investors a potential capital gain of 98.2%. As of the 2021 census, the town had a population of 16,476 people.
The site is situated minutes away from Morwell Train Station, Morwell Town Centre, Morwell Primary School, and much more.
This home offers 4 bedrooms, a family living area, and 2 bathrooms. Perfect for investors and land bankers.
Morwell is a town in Victoria, Australia, located southeast of Melbourne. Easy drive to the freeway only 1.50 hours from Melbourne CBD & 60 min from Pakenham.
Don't miss out! Call: Achal Arora( Jazz) - 0432 413 929 before it sells.
DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property Details for Contact Agent For Address, Morwell

Contact Agent For Address, Morwell is a 4 bedroom, 2 bathroom AcreageSemi-rural with 1 parking spaces. The property has a land size of 2ha. The place is currently for sale with Universal Real Estate Vic Craigieburn.

Building Type
AcreageSemi-rural
Land Size
2ha

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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 8,937 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 64 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Achal Arora
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Universal Real Estate Vic Craigieburn
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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.