SOLD
Sold on 28 Jun 2024 for $225,000

4/23 Elgin Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 95m2
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Property Details for 4/23 Elgin St, Morwell

4/23 Elgin St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 95m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Morwell in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Land Size
95m2
Local Government
Latrobe
Lot/Plan
4/RP5138

Last Listing description (August 2024)

This two-bedroom unit located a stone throw from CBD,

The unit has polished floor boards, electrical upgrades, new gas line and has been recently painted.

Upgraded kitchen and bathroom, and a split system for heating and cooling.

The unit would suit the first home buyer, investor or someone wanting to downsize.

Contact Frank Palermo 0427 049 696 to arrange a private inspection.

Property Code: 2900

Property History for 4/23 Elgin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$225,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $225,000
  • 17 Jun 2024
    Listed for Sale $215,000 - $235,000
  • 19 Feb 2024
    Listed for Sale Contact Agent
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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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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.