OFF MARKET

1/6 Chestnut Avenue
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 279m2
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Property Details for 1/6 Chestnut Ave, Morwell

1/6 Chestnut Ave, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 279m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2005.

Building Type
Unit
Year Built
2001
Floor Size
82m2
Land Size
279m2
Local Government
Latrobe
Lot/Plan
1/SP24886

Property History for 1/6 Chestnut Ave, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$125,000
09 May 2005
  • 09 May 2005
    Sold for $125,000
  • 17 Sep 1993
    Sold for $62,500
  • 01 Sep 1989
    Sold for $65,000

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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, 420 properties were sold in the past 12 months in Morwell.

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