1 Gabo WayMorwell VIC 3840
Property Details for 1 Gabo Way, Morwell
1 Gabo Way, Morwell is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 735m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2002.
Last Listing description (July 2024)
Golden opportunity to secure this well-built 2 x 2 bedrooms strata titled unit located in popular family friendly estate of Morwell. Each unit comprises of very spacious lounge, large main bedroom with BIR, second bedroom with BIR, functional bathroom and separate WC. Bigger Kitchen with loads of bench space with meals area. Private courtyard behind roller door access for secure carparking. Freestanding and huge rear garden, makes an ideal space to enjoy.
A Short walk around the corner to Kumai college, Parklands Preschool & parklands. Morwell Park Primary School & Shopping Centres are a short drive away.
Set on a 735m2 allotment, both units are currently tenanted with great returns. An excellent opportunity for the investor/home owner with the option of living in one and renting the other with no Owners Corporation active.
Property History for 1 Gabo Way, Morwell, VIC 3840
- 04 Jul 2024Listed for Sale Not Disclosed
- 12 Oct 2022Listed for Sale $550,000 - $610,000
- 26 Jul 2017Listed for Sale FROM $283,500
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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 8,939 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.
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