1/12 Margaret StreetMorwell VIC 3840
Property Details for 1/12 Margaret St, Morwell
1/12 Margaret St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 202m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Morwell in the last 12 months.
Last Listing description (April 2024)
- Suit both Owner - Occupier or the investor.
- Walk to majority of amenities of the C.B.D.
- Front Unit facing street in a group of 4.
- We highly recommend.
Property Code: 2922
Property History for 1/12 Margaret St, Morwell, VIC 3840
- 04 Apr 2024Sold for $245,000
- 14 Dec 2023Listed for Sale $247,000
- 31 Aug 2023Listed for Sale $280,000
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0About 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.
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