5201 Princes HighwayMorwell VIC 3840
Property Details for 5201 Princes Hwy, Morwell
5201 Princes Hwy, Morwell is a 4 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 11742m2. While the property is not currently for sale or for rent, it was last sold in February 2000.
Last Listing description (December 2017)
* Freehold & Business - First time offered Vendors retiring
* This renowned business located midway between Traralgon & Morwell
* Modern (2000) 4 bedroom residence of 287m2 under roofline
* Town water, gas, power & telephone all connected
* Absolute Princes Highway frontage (1.171ha) & adjacent to a veterinary clinic
* Fabulous Lifestyle Business
Property Code: 1583
Property History for 5201 Princes Hwy, Morwell, VIC 3840
- 03 May 2017Listed for Sale Business & Freehold - Price on application
- 21 Feb 2000Sold for $40,000
- 21 Feb 2000Sold for $20,000
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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 8,957 properties. Over the last 5 years, Houses in Morwell have seen a 77.95% increase in median value, while Units have seen a 54.42% increase. As at 31 January 2025:
- The median value for Houses in Morwell is $329,061 while the median value for Units is $301,656.
- Houses have a median rent of $380 while Units have a median rent of $295.
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