OFF MARKET

1/53 The Avenue
Morwell VIC 3840

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 687m2
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Property Details for 1/53 The Avenue, Morwell

1/53 The Avenue, Morwell is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 687m2 and floor size of 53m2.

Building Type
Unit
Year Built
1980
Floor Size
53m2
Land Size
687m2
Local Government
Latrobe

Last Listing description (February 2019)

Very modern & neat one bedroom unit that comprises of ceiling fans to lounge & bedroom, gas heating, large open kitchen with gas cooking, airconditioning in lounge, large pantry, bedroom features built in robes, large bathroom with open disability friendly shower, laundry with storage, private wrap around courtyard. Single carport, walking distance to Midvalley, schools & public transport.

Property History for 1/53 The Avenue, Morwell, VIC 3840

A timeline of how this property has performed in the market
Listed for Rent
$190/w
21 Feb 2019
  • 15 Feb 2019
    Listed for Rent $190 / week
  • 06 Feb 2018
    Listed for Rent - Price not available
  • 20 Sep 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 8,920 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 73 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 386 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.