4/12 Margaret StreetMorwell VIC 3840
Property Details for 4/12 Margaret St, Morwell
4/12 Margaret St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 157m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Morwell in the last 12 months.
Last Listing description (November 2024)
- Neat as a Pin is this quality unit in a quiet inner-city location. Very, very close to all amenities.
- Both bedrooms have B.I.R and quality floor coverings throughout.
- Car-port attached to the unit
- Investor: Impeccable Rental history currently earning $265 p.w. ($13,780 p.a)
- Owner Occupier: Current lease terminates in August - get in on the ground floor.
- We highly recommend
Property Code: 3051
Property History for 4/12 Margaret St, Morwell, VIC 3840
- 17 Oct 2024Listed for Sale $247,000
- 17 Oct 2024Sold for $240,000
- 16 Apr 2024Listed for Sale $247,000
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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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