SOLD
Sold on 08 Apr 2024 for $293,000

52 Mcmillan Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 743m2
Sold By
First National Real Estate Latrobe
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Property Details for 52 Mcmillan St, Morwell

52 Mcmillan St, Morwell is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 743m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
108m2
Land Size
743m2
Local Government
Latrobe
Lot/Plan
8/LP51985

Last Listing description (April 2024)

Welcome to your ideal start into the property market. Whether you are a first home buyer or investor looking to expand your portfolio, 52 McMillan Street is not one you want to miss!

Currently in a fixed term rental agreement until March 2024 with the potential rental income of $330-340pw. Explore the potential this three-bedroom home has to offer.

Key Features:

- Three bedrooms with built-in robes to two.

- Central bathroom with shower over bath, vanity with a separate toilet.

- Updated kitchen with gas stove and electric oven.

- Ducted heating throughout with air-conditioning to living room.

- Carport with enclosed rear wall. Situated on a generous 743m2 block with plenty of room for kids and pets to play.

Located within minutes to the shopping centre, schools, easy access to the highway, what more could you ask for?

For additional information, or to arrange an inspection please contact Josh Buckle on 0427 333 156.

Property History for 52 Mcmillan St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$293,000
08 Apr 2024
Listed for Rent
$270/w
01 Mar 2022
  • 08 Apr 2024
    Sold for $293,000
  • 07 Feb 2024
    Listed for Sale $300,000
  • 11 Jan 2022
    Listed for Rent $270 / 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.