1 Margaret StreetMorwell VIC 3840
Property Details for 1 Margaret St, Morwell
1 Margaret St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 697m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.
Last Listing description (November 2024)
This older styled 3 bedroom home with practical room plan, polished hardwood floors and situated on a 689sqm (approx) corner allotment.
Ideal for the Investor, Home Improver or part time Re Development.
Located within close proximity to the CBD area and Morwell Leisure Center.
Property History for 1 Margaret St, Morwell, VIC 3840
- 28 Oct 2024Sold for $310,000
- 11 Sep 2024Listed for Sale $315,000
- 13 Oct 2023Listed for Rent $315 / week
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0About 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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