18 Vasey StreetMorwell VIC 3840
Property Details for 18 Vasey St, Morwell
18 Vasey St, Morwell is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 634m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.
Last Listing description (October 2024)
Are you searching for the perfect investment opportunity? Look no further than 18 Vasey Street, Morwell! This charming property offers everything you need for a lucrative investment:
. 3 Bedrooms: Plenty of space for tenants or a growing family.
. Rewired with Safety Switches: Ensuring the safety of your tenants.
. Reverse Cycle Air Conditioning: Year-round comfort for tenants.
. Cosy Bathroom: A relaxing retreat after a long day.
. Lovely Timber Style Kitchen: Equipped with gas stove and oven for culinary enthusiasts.
. Gas Wall Furnace: Efficient heating for those chilly nights.
. Structurally Sound: Built on concrete stumps for durability.
. Beautiful Alfresco Area: Perfect for morning breakfast or relaxing evenings.
. Carport for Two Cars: Convenient parking for tenants.
. Tenants Paying $350 per Week: A steady stream of income awaits!
. Love to Stay In: Happy tenants ready to continue their lease.
Contact Ross on 0411 122 434 today and seize this incredible investment opportunity! Don't miss out on owning a money-making property in Morwell. Act now and secure your future!
Visit : https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 18 Vasey St, Morwell, VIC 3840
- 29 May 2024Sold for $333,500
- 04 Apr 2024Listed for Sale $290,000
- 22 Sep 2023Listed for Rent $380 / 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.
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