OFF MARKET

2 Wedge Street
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 183m2
Land area: 664m2
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Last updated 5 Feb 2024
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Property Details for 2 Wedge St, Morwell

Building Type
Land
Year Built
2024
Floor Size
183m2
Land Size
664m2
Local Government
Latrobe
Lot/Plan
326/PS902050

Last Listing description (December 2023)

Family Realtors presents this great opportunity to own a piece of land in a
growing location of Morwell.

This 664 M2 block is up for grabs for someone to complete building the

home of their dreams!

Option 2: Building plans are already completed and ready to be
implemented. This will save the buyer time and money in the planning and
design phase.

With no restrictions on when you have to build, it offers tremendous flexibility
and allows you to plan ahead!

With wonderful dimensions giving you plenty of house design options, the
allotment is primed for you to fulfill your ultimate goal and construct something
truly special.

Renowned for the parks, wetlands and bike trails, it's perfect for those seeking the modern and active lifestyle that we all crave.

With several shops & schools within short driving distance, this is
the chance you simply cannot pass up!

Land for this price will not last long!

Do not miss the chance to snatch up one of the last blocks in this location!

Call Navii at 0435757768 to discuss further.

NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All dimensions, sizes and layout are approximately. The photos
are for illustrative

Property History for 2 Wedge St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$232,000
27 Jun 2023
  • 27 Jun 2023
    Sold for $232,000
  • 24 Feb 2023
    Listed for Sale URGENT SALE!!
  • 27 Jul 2021
    Sold for $195,000

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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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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.