OFF MARKET

1/3 Opal Place
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 161m2
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Last updated 30 Sep 2024
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Property Details for 1/3 Opal Pl, Morwell

1/3 Opal Pl, Morwell is a 2 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 161m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1990
Floor Size
74m2
Land Size
161m2
Local Government
Latrobe
Lot/Plan
1/PS340868

Last Listing description (February 2023)

Situated in a quiet court, this centrally located double-story townhouse offers buyers an amazing opportunity to purchase their first home or the perfect addition to an investment portfolio with an estimated rental return of over 6.6%.

Living is made easy with an open-plan living space, well-appointed kitchen, reverse cycle heating and cooling, and 2 spacious bedrooms both with BIR's and perfect for the summer BBQ, a large fully fenced grassed backyard is awaiting.

With units in high demand, don't miss your opportunity to secure this prime investment.

Contact Krystina on 0421 657 498 to secure your inspection.

Proudly Boasting:

- 2 spacious bedrooms both with BIRs and Balconies
- Centrally located bathroom
- Open Plan Kitchen & Living areas
- Split system heating and cooling
- Large fully fenced backyard
- Carport parking

Local Amenities Include

- Public Transport (approx. 100m)
- Kurnai College (approx. 120m)
- Mid Valley Shopping Centre (approx. 1km)
- Bunnings Morwell (approx. 1.3km)
- Tafe Gippsland Morwell Campus (approx. 2.3km)
- Princess Freeway (approx. 2.5km)
- Latrobe Regional Hospital (approx. 4.5km)
- Traralgon CBD (approx. 11.5km)
- Numerous Parks and Reserves within walking distance

Contacrt Krystina on 0421 657 498 to secure your inspection.

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Property History for 1/3 Opal Pl, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$180,000
30 Oct 2022
Listed for Rent
19 Mar 2020
  • 30 Oct 2022
    Sold for $180,000
  • 20 Sep 2022
    Listed for Sale $175,000 - $190,000
  • 29 Apr 2020
    Sold for $111,500
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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 8,935 properties. Over the last 5 years, Houses in Morwell have seen a 82.31% increase in median value, while Units have seen a 45.81% increase. As at 30 September 2024:

  • The median value for Houses in Morwell is $322,683 while the median value for Units is $272,106.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 78 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Morwell.

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