SOLD
Sold on 06 Aug 2024 for $296,000

5 Alamein Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 760m2
Sold By
First National Real Estate Hall & Partners
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Property Details for 5 Alamein St, Morwell

5 Alamein St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 760m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
93m2
Land Size
760m2
Local Government
Latrobe
Lot/Plan
401/LP31548

Last Listing description (September 2024)

** FOR ALL ENQUIRIES AND INSPECTIONS, PLEASE CALL JESSE WATSON ON 0421 337 777 **

If you are looking to build up that investment portfolio in a high potential growth suburb, look no further. Proudly presenting this gorgeous rendered home on a sizeable 760m2 block of prime land.

Showcasing:

- 3 spacious bedrooms with BIRs
- Gorgeous rendered home on a huge 760m2 of prime land
- Currently rented out that adds to your income stream
- Located close to local amenities

This amazing opportunity is close to Mid Valley Shopping Centre, Coles Morwell, Maryvale Private Hospital, Morwell Tennis Centre, Morwell Golf Club, Kurnai College, Morwell Park Primary School, St Vincent De Paul Morwell, Morwell Central Primary School, Morwell train station and much more!

Contact Jesse Watson on 0421 337 777 or David Phua on 0401 803 110 today to schedule a viewing.

Chattels: All fittings and fixtures as inspected.
Deposit: 10%
Preferred Settlement Terms: 30, 45, 60 days
Current Rental Return: $360 per week
Rental Ending: Mid May 2025

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matter.

Property History for 5 Alamein St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$296,000
06 Aug 2024
Listed for Rent
$360/w
16 Oct 2023
  • 06 Aug 2024
    Sold for $296,000
  • 15 Jul 2024
    Listed for Sale Not Disclosed
  • 31 Mar 2023
    Listed for Rent $360 / week
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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 8,937 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 64 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 419 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.