5 Tolmie StreetMorwell VIC 3840
Property Details for 5 Tolmie St, Morwell
5 Tolmie St, Morwell is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 766m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (November 2016)
**UNDER CONTRACT**
* Set on approx 765m2 allotment fully fenced
* 2 bedrooms, built in robe to one
* Good kitchen, good bench space, gas cooking
* Separate lounge with gas heating and split system
* Currently tenanted at $150 p/w providing a solid 7% return
Contact Gianni Salvatore 0421 337 777
Property History for 5 Tolmie St, Morwell, VIC 3840
- 13 May 2020Sold for $151,500
- 11 Aug 2016Sold for $105,000
- 23 Feb 2016Listed for Sale Not Disclosed
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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.
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