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Sold on 05 Jul 2024 - Price Unavailable

54 Church Street
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 844m2
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Property Details for 54 Church St, Morwell

Building Type
Land
Land Size
844m2

Last Listing description (July 2024)

Discover the perfect canvas for your dream home or investment project with this generous 844m2 vacant allotment, ideally located in close proximity to the Morwell CBD and just a 450m walk to the Morwell train station.

Situated in a residential growth zone, this flat and level land offers endless possibilities for development (STCA) or immediate construction of your ideal residence.

Whether you're looking to build your forever home or capitalise on Morwell's growth potential, this vacant allotment presents a rare opportunity. Don't miss out on securing your piece of prime real estate, for further information contact Anthony Bloomfield on 0455 303 750.

Property History for 54 Church St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
05 Jul 2024
  • 05 Jul 2024
    Sold for $330,000
  • 30 Jun 2024
    Listed for Sale $325,000 - $350,000
  • 12 Feb 2022
    Sold for $160,000

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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 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 80.40% increase in median value, while Units have seen a 41.20% increase. As at 30 November 2024:

  • The median value for Houses in Morwell is $324,509 while the median value for Units is $267,245.
  • Houses have a median rent of $373 while Units have a median rent of $295.
There are currently 67 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Anthony Bloomfield
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One Agency Latrobe Valley
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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.