SOLD
Sold on 11 Apr 2024 for $280,000

16 Davey Street
Morwell VIC 3840

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 695m2
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Property Details for 16 Davey St, Morwell

Building Type
Commercial
Land Size
695m2
Local Government
Latrobe
Lot/Plan
1/LP17949

Last Listing description (June 2024)

- Land size 695 sqm(Corner Block).
- Large Workshop/ Shed floor area 360 sqm (12m x 30m approx).
- Concrete floor in (Workshop).

- Fully rewired with 3 phase power.
- Industrial sliding door (Height) 3m x 3.8m (width).
- New iron roof with insulation.
- Incorporated in the workshop are office, toilets and tearoom amenities.
- Hardstand area at rear.
- On-site and street parking for 8 vehicles.
Once in a lifetime opportunity has been offered to purchase this tightly held 30+ year estate.
Contact Ross on 04111 22 434 for an exclusive walk through!

Visit : https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 16 Davey St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$280,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $280,000
  • 26 Sep 2022
    Listed for Sale $375,000
  • 23 Sep 2005
    Sold for $70,000
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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 8,936 properties. Over the last 5 years, Houses in Morwell have seen a 86.32% increase in median value, while Units have seen a 39.91% increase. As at 31 July 2024:

  • The median value for Houses in Morwell is $325,618 while the median value for Units is $266,942.
  • Houses have a median rent of $360 while Units have a median rent of $290.
There are currently 81 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 347 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.