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Sold on 10 Oct 2024 - Price Unavailable

2 Sinclair Avenue
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 2 Sinclair Ave, Morwell

2 Sinclair Ave, Morwell is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House

Last Listing description (October 2024)

Welcome to 2 Sinclair Avenue Morwell, this 3 Bedroom brick home boasts a large living space, spacious combined kitchen/dining area and is located only a short walking distance from shops, public transport, local rose garden and town CBD. With quality long term tenants until December 2024 this property is perfect for investors looking to add to their investment portfolio!

Property Features:

- Brick Construction

- Large living area

- Spacious kitchen with adjoining dining area

- 3 Large Bedrooms, 2 with BIR’s

- Carport and Single garage

- Only a short walk from Shops, Rose Gardens, Public transport services and town CBD

- Tenanted until December 2024, currently returning 5.3% rental yield

For more information, or to book a private inspection of this property, contact Matt from First National Central KW today!

Matt Hamilton – First National Central KW

0472 545 557

matthewh@fncentralkw.com.au

Property Code: 2896

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Property History for 2 Sinclair Ave, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
10 Oct 2024
Listed for Rent
$320/w
06 Dec 2023
  • 10 Oct 2024
    Sold
  • 17 Jun 2024
    Listed for Sale $299,000
  • 16 Oct 2023
    Listed for Rent $320 / 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 8,954 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.

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