SOLD
Sold on 01 Aug 2024 for $300,000

118 Commercial Road
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 603m2
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Property Details for 118 Commercial Rd, Morwell

118 Commercial Rd, Morwell is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 603m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Land Size
603m2
Local Government
Latrobe
Lot/Plan
11D2/PP3072

Last Listing description (November 2024)

Potential plus, this spacious 4 bedroom brick veneer home with ensuite, B.I Robes, gas central heating, double garage and situated on a 603sqm (approx.) allotment. Well situated within close proximity of the Centenary Rose Gardens and the Downtown CBD area.

Property History for 118 Commercial Rd, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$300,000
01 Aug 2024
Listed for Rent
$360/w
13 Oct 2023
  • 01 Aug 2024
    Sold for $300,000
  • 29 Jan 2024
    Listed for Sale $335,000
  • 13 Jan 2024
    Listed for Rent $360 / week
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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 8,937 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 64 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Stockdale & Leggo Morwell
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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.