OFF MARKET

1/3 Berg Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 244m2
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Property Details for 1/3 Berg St, Morwell

1/3 Berg St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 244m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1980
Floor Size
81m2
Land Size
244m2
Local Government
Latrobe
Lot/Plan
8/RP16476

Last Listing description (May 2022)

Neat & tidy two-bedroom unit with front yard!

This well-presented home features

- Two spacious bedrooms with built in robes

- Electric Wall Heater
- Gas cooking
- Balcony adjoined to kitchen/lounge area
- Private & Spacious front yard with clothesline
- Single lockup garage
- Park over the road
- Close to Morwell CBD, less than 5 minute walk

This is a great first property or solid investment opportunity with expected rental return of $290 plus

Property Code: 2159

Property History for 1/3 Berg St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$300,000
20 Apr 2022
Listed for Rent
$195/w
12 Jul 2016
  • 20 Apr 2022
    Sold for $300,000
  • 23 Feb 2022
    Listed for Sale UNDER CONTRACT
  • 03 Jun 2016
    Listed for Rent - Price not available
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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 63 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Disclaimer
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.