1/18 Morrell StreetMooroopna VIC 3629
Property Details for 1/18 Morrell St, Mooroopna
1/18 Morrell St, Mooroopna is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 165m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Mooroopna in the last 12 months.
Last Listing description (July 2019)
Right in the centre of town, within an easy stroll to shops and supermarkets, we have this lovely brick veneer unit. For low maintenance living and its convenient location, this would make a great investment property, or be ideal for a young single parent or elderly. Featuring a spacious single living space, and two large bedrooms, each with built in robes, window furnishings and carpet flooring. The kitchen has an abundance of storage cupboards, gas cooking and overlooks the dining area. There are several ceiling fans throughout with a reverse cycle air-conditioner providing comfort during the year. There is a single garage to store a small car and small backyard with virtually no maintenance. Currently tenanted with the same tenant for the past four years at $230.00 per week (Lease expires May 2020), shows how tightly held the unit is because of its location. There is the potential to rent at $230.00 per week, which would equate to a rental yield of approx. 8% ROI. So, if you are looking for a guaranteed income, and a great location, you cannot look past this opportunity. Please call Brad Campbell today on 0416 291 112 to arrange an inspection.
Property History for 1/18 Morrell St, Mooroopna, VIC 3629
- 06 Aug 2024Sold for $210,000
- 25 Jun 2019Sold for $144,000
- 24 May 2019Listed for Sale $149,000
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0About Mooroopna 3629
The size of Mooroopna is approximately 37.7 square kilometres. It has 24 parks covering nearly 18.9% of total area. The population of Mooroopna in 2011 was 7,813 people. By 2016 the population was 7,924 showing a population growth of 1.4% in the area during that time. The predominant age group in Mooroopna is 60-69 years. Households in Mooroopna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mooroopna work in a labourer occupation. In 2011, 64.1% of the homes in Mooroopna were owner-occupied compared with 63.3% in 2016.
Mooroopna has 4,314 properties. Over the last 5 years, Houses in Mooroopna have seen a 62.95% increase in median value, while Units have seen a 92.72% increase. As at 31 October 2024:
- The median value for Houses in Mooroopna is $388,508 while the median value for Units is $322,471.
- Houses have a median rent of $495 while Units have a median rent of $330.
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