OFF MARKET

2/31 Elgin Street
Morwell VIC 3840

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1020m2
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Last updated 11 Nov 2024
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Property Details for 2/31 Elgin St, Morwell

2/31 Elgin St, Morwell is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1020m2.

Building Type
Unit
Year Built
1970
Land Size
1020m2
Local Government
Latrobe

Last Listing description (August 2024)

This is a freshly renovated one bedroom unit that has open plan kitchen & lounge room, split system heating & cooling, great sized laundry with storage, gas cooking, separate shower, built in robe in the bedroom, single carport, within walking distance to town.

Don't miss out, apply now!

Property History for 2/31 Elgin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Listed for Rent
$150/w
22 Jan 2020
  • 24 Jun 2024
    Listed for Rent $290 / week
  • 17 Jan 2020
    Listed for Rent $150 / week
  • 07 Aug 2019
    Listed for Rent - Price not available
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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 8,939 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.
There are currently 63 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 419 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.