OFF MARKET

3/55 The Avenue
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 74m2
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Property Details for 3/55 The Avenue, Morwell

3/55 The Avenue, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 74m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1980
Floor Size
62m2
Land Size
74m2
Local Government
Latrobe
Lot/Plan
7/SP34915

Last Listing description (May 2024)

Discover the perfect blend of comfort, convenience, and style in this immaculate 2-bedroom unit located at 3/55 The Avenue, Morwell.

- Hybrid Vinyl Plank Flooring Experience the warmth and durability of modern vinyl plank flooring

- Enjoy year-round comfort with the convenience of a three-year-old reverse cycle split system air conditioner.

- The well-appointed kitchen features a contemporary electric stove and oven, perfect for whipping up delicious meals.

- Covered Carport Space: This unit offers the convenience of a single space under a shared carport.

- New hot water service has only recently been upgraded twelve months ago.
Extra Large Built-in Robes: Both bedrooms have extra-large built-in robes, providing ample storage space.

- Situated in the heart of Morwell, this unit offers easy access to local amenities, shopping centers, parks, 2 minutes away from local IGA and Kurnai school.

This property is currently in a month by month lease for $260.00 pw
Currently now available to people looking to move in!

Contact Ryan on 0438 608 060 to book an inspection.

Property History for 3/55 The Avenue, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$140,000
07 Jul 2020
Listed for Rent
$90/w
20 Feb 2008
  • 31 Aug 2023
    Listed for Sale Not Disclosed
  • 07 Jul 2020
    Sold for $140,000
  • 05 Jun 2020
    Listed for Sale $144,000
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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 8,939 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, 420 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.