SOLD
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Sold on 06 May 2024 for $335,000

40 Well Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 640m2
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Property Details for 40 Well St, Morwell

40 Well St, Morwell is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 640m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Land Size
640m2

Last Listing description (May 2024)

When it comes to modern and affordable living, it doesn't get much better than this. The transformation this home has undergone allows you to simply move in, unpack and start living!

The Details:
- Charming weatherboard exterior

- Neutral colour palette with quality flooring
- Bathed in natural light from front to back
- All three bedrooms offer built-in robes
- Floor to ceiling tiles compliment the beautiful bathroom
- Single carport and large outdoor space
- Approximate 620m2 allotment
- Projected weekly rent of $380-$400

All within an easy walk to parks, shops and public transport.

Inspections of this well crafted home are encouraged.

Contact: Jake Gardam - 0412 594 439
Keith Williams Real Estate, Traralgon

Property History for 40 Well St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$335,000
06 May 2024
Listed for Rent
$200/w
02 May 2016
  • 20 Apr 2024
    Sold for $335,000
  • 04 Apr 2024
    Listed for Sale $335,000
  • 18 Dec 2020
    Sold for $165,000
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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.

Suburb Insights for Morwell 3840

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Contact agent
Jake Gardam
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Tyson Jenkin
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Keith Williams Estate Agency
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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.