SOLD
Sold on 08 Dec 2023 for $360,000

19 Centre Road
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 144m2
Land area: 1176m2
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Property Details for 19 Centre Rd, Morwell

Building Type
Commercial
Floor Size
144m2
Land Size
1176m2
Local Government
Latrobe
Lot/Plan
15/LP111484

Last Listing description (February 2024)

Industrial property comprising multiple adjoining workshops/storage area. Well situated on a 1,176sqm (approx.) allotment in a prime industrial estate.

Property History for 19 Centre Rd, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$360,000
08 Dec 2023
Listed for Rent
$140/w
23 Aug 2013
  • 08 Dec 2023
    Sold for $360,000
  • 09 Nov 2023
    Listed for Sale $380,000
  • 05 Apr 2016
    Listed for Sale $185,000
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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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Stockdale & Leggo Traralgon
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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.