SOLD
RECENT ADVICE
Sold on 13 Nov 2024 for $240,000

5 Sydney Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 683m2
Sold By
Stockdale & Leggo Latrobe Valley
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Property Details for 5 Sydney St, Morwell

5 Sydney St, Morwell is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 683m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
73m2
Land Size
683m2
Local Government
Latrobe
Lot/Plan
1/TP90058

Last Listing description (November 2024)

This neat & tidy home offers affordable entry into the market.
Well positioned, walking distance to Midvalley Shops, TAFE & manicured parklands.
Comprises: Two bedrooms, comfortable lounge, gas heating , polished hardwood floors .

Kitchen offers gas cooking & ample cupboards. Central bathroom.
This home is situated on a 686sqm (approx.) allotment with good fencing.

Property History for 5 Sydney St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$240,000
13 Nov 2024
Listed for Rent
$215/w
20 Aug 2020
  • 13 Nov 2024
    Sold for $240,000
  • 15 Aug 2024
    Listed for Sale $245,000
  • 12 Aug 2020
    Listed for Rent $215 / 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 8,939 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 66 properties listed for sale, and 10 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 416 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.