SOLD
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Sold on 08 Jul 2024 for $215,000

301 Princes Drive
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 301 Princes Dr, Morwell

301 Princes Dr, 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 July 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House

Last Listing description (July 2024)

This 3-bedroom, 1-bathroom home is ripe for renovation. Positioned on one of the main roads in town and only moments from Morwell's CBD, it offers exceptional accessibility and visibility. With rear access onto the block from the adjacent laneway on Fairfield Square, it creates optimal opportunity for subdivision prospects.

Spanning approximately 705m²(Approx), the land holds promise for diverse applications. With rear access in place, the property becomes even more attractive for subdivision or development. Explore the potential for subdivision or extension, subject to council approval.

Seize the moment and delve into the myriad possibilities this property presents. Whether you're a seasoned developer or an aspiring homeowner with a vision, 301 Princes Drive, Morwell, invites you to embark on a journey of transformation. Inspection times are available, providing an opportunity to explore the property firsthand.

An onsite auction is scheduled for 11:00 am on Saturday, June 1st, whether you're envisioning a complete overhaul or a subtle rejuvenation, this canvas is yours to paint upon. A detailed building report is available for purchase, providing valuable insights into the property's condition.

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Property History for 301 Princes Dr, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$215,000
08 Jul 2024
Listed for Rent
$170/w
10 Apr 2011
  • 03 Jul 2024
    Sold for $215,000
  • 09 May 2024
    Listed for Sale $215,000
  • 23 Feb 2011
    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 8,954 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.
There are currently 67 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Morwell.

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