SOLD
Sold on 23 Oct 2024 for $190,000

2/12 Margaret Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 136m2
Sold By
Addison Real Estate Pty Ltd
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Property Details for 2/12 Margaret St, Morwell

2/12 Margaret St, Morwell is a 3 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 136m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Morwell in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
136m2
Local Government
Latrobe
Lot/Plan
2/PS542943

Last Listing description (November 2024)

Well presented Brick veneer unit, located within walking distance to the CBD, this neat and tidy unit has been freshly painted throughout and has brand new carpets also. Features BIR to bedroom, gas heating, open plan living, separate laundry and shower over bath. Small rear courtyard and a single carport! available now. call today to book an appointment.

Property Code: 3123

Property History for 2/12 Margaret St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$190,000
23 Oct 2024
Listed for Rent
$145/w
26 Nov 2019
  • 30 Oct 2024
    Listed for Rent $250 / week
  • 23 Oct 2024
    Listed for Sale $199,000
  • 23 Oct 2024
    Sold for $190,000
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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 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 80.40% increase in median value, while Units have seen a 41.20% increase. As at 30 November 2024:

  • The median value for Houses in Morwell is $324,509 while the median value for Units is $267,245.
  • Houses have a median rent of $373 while Units have a median rent of $295.
There are currently 67 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 429 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.