52 Church StreetMorwell VIC 3840
Property Details for 52 Church St, Morwell
52 Church St, Morwell is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 860m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (March 2021)
A Grand opportunity close to Morwell CBD. A stones throw from the new Government Hub and medical precinct. On offer is a grand two storey home that has street presence and features three bedrooms plus a study. The master bedroom has an ensuite, built in robes and a balcony view. There is a fully carpeted large lounge. The formal dining room is fully tiled, and there is a well appointed kitchen with stainless steel electric stove and a dishwasher. The home also has a cellar downstairs. This home comes with 3 x 2 bedroom units that are currently rented at $185 per week ($28,860 per annum return.) The house could also achieve a rental of $290-$300 per week. The combined potential income could be $44,460 per annum. This property also has room for improvement which could increase the return.
To arrange an inspection contact Frank Palermo at KW Property Sales & Rental on 0427 049 696.
Property Code: 1499
Property History for 52 Church St, Morwell, VIC 3840
- 10 Nov 2020Sold for $710,000
- 06 Oct 2020Listed for Rent - Price not available
- 26 Mar 2020Listed for Rent $180 / 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 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 75.08% increase in median value, while Units have seen a 53.63% increase. As at 31 December 2024:
- The median value for Houses in Morwell is $319,636 while the median value for Units is $290,598.
- Houses have a median rent of $375 while Units have a median rent of $298.
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