3/12 Margaret StreetMorwell VIC 3840
Property Details for 3/12 Margaret St, Morwell
3/12 Margaret St, Morwell is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 128m2 and floor size of 51m2.
Last Listing description (April 2024)
- Walk to the centre of the C.B.D. including Post Office and Railway Station in 7 minutes.
- Quiet Inner City Location.
- 1 x Car-port space on title
- Securely leased to December 2024 at $245 p.w. ($12,740 p.a.)
- Low Owners Corp Fee
- Exceptionally well maintained.
Property Code: 3050
Property History for 3/12 Margaret St, Morwell, VIC 3840
- 16 Apr 2024Listed for Sale $199,000
- 22 Oct 2021Listed for Rent $215 / week
- 31 Aug 2015Listed for Rent - Price not available
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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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