SOLD
Sold on 12 Dec 2023 for $280,000

3 Olivia Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 668m2
Sold By
Deb Zwierlein
Stockdale & Leggo La Trobe Valley
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Property Details for 3 Olivia St, Morwell

3 Olivia St, Morwell is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 668m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
75m2
Land Size
668m2
Local Government
Latrobe
Lot/Plan
150/LP30551

Last Listing description (November 2024)

Neat 2 bedroom weatherboard cottage conveniently located close to CBD, Leisure Centre, Sporting Fields and Schools.
Features; B.I.R to main bedroom, and floating floors throughout. Timber kitchen with gas cooker, lounge room is a good size and has split system and privacy blinds.
Outside features a double width garage with single roller door and pedestrian door, concrete base and power. Also features a mezzanine level for storage. Level block approx. 668sqm.

Currently tenanted till April 2024 at $340 a week.

Property History for 3 Olivia St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$280,000
12 Dec 2023
Listed for Rent
$310/w
08 Apr 2022
  • 12 Dec 2023
    Sold for $280,000
  • 29 Aug 2023
    Listed for Sale $300,000
  • 12 Mar 2022
    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 64 properties listed for sale, and 10 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.