191 Princes DriveMorwell VIC 3840
Property Details for 191 Princes Dr, Morwell
Last Listing description (October 2024)
Commercial freehold for Sale
Comprising 3 shops with main road frontage. Ex Coin Launderette with 2 adjoining shops.
Building area: 210sqm (approx.)
Well situated in a prominent location within close proximity of Medical Centre, Post Office and directly opposite Train Station.
To be sold with vacant possession.
Under instruction from Langdone Grant.
Auction on site Friday 18th October at 1pm
Terms: 10% deposit, balance 60 days.
Property History for 191 Princes Dr, Morwell, VIC 3840
- 17 Oct 2024Sold for $210,000
- 29 Jun 2024Listed for Sale LIQUIDATORS AUCTION
- 17 Nov 2023Listed for Sale $520,000 + GST
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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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