3 Susan CourtMorwell VIC 3840
Property Details for 3 Susan Ct, Morwell
3 Susan Ct, 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 June 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.
Last Listing description (June 2024)
Welcome to 3 Susan Court, Morwell! This charming 3-bedroom brick home, nestled in the sought-after Bridle Road Estate, offers a fantastic opportunity for investors or renovators.
Each bedroom features built-in robes, and with a new bathroom and toilet installed, this property has great potential for rental income or a profitable flip.
Priced to reflect the scope of work required, the return on investment could reach $380 per week or more with the right improvements. Conveniently located near Morwell's CBD, this property boasts 2 single car garages, split system heating and cooling, a wall heater, and a spacious kitchen awaiting a quick update. With ample storage and gas cooking, this home is ready to be transformed into your dream space or profitable investment.
Don't miss out on this opportunity in a beautiful court location!
Book a private inspection by calling Jesse on 0421 337 777
Property Code: 2861
Property History for 3 Susan Ct, Morwell, VIC 3840
- 27 May 2024Sold for $330,000
- 17 Apr 2024Listed for Sale $339,000
- 20 Jul 2022Listed for Rent $320 / week
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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 8,954 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.
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