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Sold on 24 Oct 2024 for $240,000

31 Mcmillan Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 715m2
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Property Details for 31 Mcmillan St, Morwell

31 Mcmillan St, Morwell is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 715m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
97m2
Land Size
715m2
Local Government
Latrobe
Lot/Plan
192/LP31525

Last Listing description (November 2024)

This 3 bedroom home comprising with practical floor plan and situated on a 711sqm (approx.) allotment with double length carport and full length front verandah & decking. Ideal opportunity for the first home buyer or investor.

Property History for 31 Mcmillan St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$240,000
24 Oct 2024
Listed for Rent
$175/w
14 Oct 2016
  • 24 Oct 2024
    Sold for $240,000
  • 27 Feb 2024
    Listed for Sale $248,000
  • 18 Feb 2021
    Sold for $162,500
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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 65 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 422 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Stockdale & Leggo Morwell
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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.